Usage of ENE (Track Line)

1. When the stock price rises and crosses the time limit on the track, there is a high probability of a retracement;

2.When the stock price falls and crosses the lower limit of the track line, there is a high probability of a rebound;

3.When the stock price fluctuates within the track line, it represents the normal market situation. At this time, the overbought oversold indicator can play a role;

4.When the stock price fluctuates outside the track line, it represents a off track market. In this case, trend indicators should be used.