Currently downtrending - watch out for upcoming ERI was long on this, but the trend turned negative. Maybe this will see .618 retracement before Q4.
Displaced
Displaced EMA EnvelopeRutgers news reminds me of a suggestion I had made to Support.
Combine the tools "Displaced EMA" and "EMA Envelope" so the envelope can
better fit the price action. User should choose channel width (as well as the
left-displacement), perhaps as multiple of Average True Range.
Resulting channel is better aid than trend-lines, and can resemble cycle
analysis of James D. Hurst.
Keltner channels are also more useful with option to left shift by half
the calculation period.
