Monthly Archives: June 2015

S&P 500 – Back on track, but … 18

The S&P 500 seems to have weathered the frequency modulation that has plagued the index for the past several months from a spectral viewpoint. Below is a daily chart with the 40 day wave extracted at the bottom. The effect of the frequency modulation is clearly visible in the first four months of this year, […]


The offending spike

Beware The FLD Spike 5

You are probably aware of the fact that I find the FLD (Future Line of Demarcation) a very useful tool. My research (which is a kinder word than obsession) into why the FLD sometimes provides support or resistance instead of being crossed cleanly by price gave rise to the FLD Trading Strategy. One of the […]