buy, sell, hold, watch or...stay aside?

Hi friends,

Let's take a look at a simple chart that attempts to show the cycles of highs and lows of FML where I've plotted the slope of the cycle sum in degrees. As you can see, each intersection of the zero degrees horizontal line by the indicator represents an approximate Entry and Exit point as shown.

From this chart, we can gauge our location in the daily cycle of high and lows of FML and try to answer our question of "Buy, Sell, Hold, watch or....stay aside".




Hope this chart is useful to some who are bewildered about the price movements of FML and wondering where we are at the present moment.

Cheers

dascore