$NDX Exponential Trendlines with high/low data plotted by Calendar Dates
Well, it's more attractive, and you can see the slight bend in the trendlines. They approximate to straight lines over shorter time intervals, which is what everyone is taught to do...
Plotting price logarithmically gets you closer to this, and is simpler to do. It might be a dominant process over very long time scales.
Comment
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Comment by Mark Lytle on September 25, 2009 at 4:05pm
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Just for completeness, here's the equivalent $SPX chart...
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