Don't Ignore This Chart

Dr. Elder's Take on Last Week's Volatility

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Alexander Elder and his partner Kerry Lovvorn put together this chart analysis of last week's market action:

SpikeTrade20100510

Click here for a live version of this chart.

The chart uses our new version of Dr. Elder's Impulse Trading System to color the bars. "FI" refers to the "Force Index" which is the lowest indicator on the chart.  You can see more of their work at SpikeTrade.com.

Chip Anderson
About the author: is the founder and president of StockCharts.com. He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997. In this blog, Chip shares his tips and tricks on how to maximize the tools and resources available at StockCharts.com, and provides updates about new features or additions to the site. Learn More
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