Hi BabaRogaMy sincere apologyI was a little unclear about the...

Hi BabaRoga

My sincere apology

I was a little unclear about the role of the chart in my buy trade.
I did say as a hint about the chart, that I bought back some PLS today.
The purpose was to discover whether others saw what I saw in the chart.
(While it looks like a downward trend, I saw that the fall MIGHT be slowing down)
(With the potential for flatness and an upturn - not guaranteed.)

I was encouraged by that and other intra-day charts to buy back some PLS
So to have been completely clear I could have shown those others charts as well.
I can see how you thought I might have limited myself to one chart.

In actual fact I rarely consider one signal or chart alone.
I do attach more importance than some here to simple moving averages.
The one I prefer is neither SMA nor EMA. I recognise the value of those.
Being impatient I don't aways wait for SMAs and EMAs.
I find MACD quite useful on longer time frames.

My chart today follows a median path between SP highs and lows.
It is not the sole resource, but it provides me with a degree of confirmation.

.
So I was interested to see whether others see what I see in a smoothed median trend.
Volatility occurs on either side of the smoothed median that I use.
Changes in the median speed have value for me.
It was taught to me by an ex BHP person.

Again, my apology for any confusion from my question.
I do not usually rely on a single chart resource.
I am becoming addicted to IRESS also,
After trying and still using others.

Best Wishes, Recherche