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Commentary Topic from greenfaucet

Are Brick Charts Favoring Or Condemning BRIC ETFs?

This morning, I read Richard Shaw’s commentary with a great deal of interest (Brick Chart View of Major Indexes). In the editorial, Shaw explained the nature of “brick charting,” including: (1) Time Independence. Like Point & Figure Charts, new blocks (bricks) rely on price changes alone, and they may not occur for several time increments.