I was given the Yahoo feed to VLE from a reader - thanks George - and can continue to track the Value Line Arithmetic (VLE) Index. I believe this index is the best long term chart I look at.
Price bounced off the 25% price retrace line and remained above the very bullish 2:1 ascending Gann angle line. The VLE is telling us that the average stock in the market is much stronger than it appears.
Tags: Gann Angle Fan · Price Retrace · Value Line Arithmetic Index (VLE)No Comments

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