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RRG charts- weekly and daily differs vastly.

The question is to whether use daily RRG charts for trading or weekly RRG chart? Which is a better indicator?

Comments

  • They tell you two different things. What is better depends on your investing personality. I work from long to short term in order to make decisions, so I look at monthly, then weekly, then daily for decisions. Of course, I use Point and Figure charts to actually assist me, but I'm more of a find the intermediate/longer message on a chart type.

    It all depends on what chart speaks to you and your style I suppose.
  • i agree and i also consider forward looking indicators. it was just a question to clarify and figure out why daily RRG recommends different stocks than that of weekly. thanks
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