One of the most powerful technical tools that a trader possesses is a pencil and a ruler. It sounds kind of old-school, but the reality is trend lines in technical analysis are enormously important.
In my new video I will show you how the NASDAQ index has broken a very important trend line and what the ramifications are for this index.
We can all learn from the simplicity of this approach and how effective it is in the long run.
As always our videos are free to watch and there are no registration requirements.
Enjoy the video and please feel free to comment on blog about this simple yet effective way of trading.