Median Line Market Analysis by Thomas E. French
ARTICLE SYNOPSIS ...Median Line Market Analysis
by Thomas E. French
The Median Line (ML) method of market analysis was first developed by Professor Alan Hall Andrews,
a Massachusetts Institute of Technology (MIT) engineering graduate. The Median Line technique of
geometric technical analysis is also referred to by some as the Andrews line method. The purpose of a
Median Line is to predict a price point where the market will reverse.
The basic concept behind the method is really simplicity itself, that of action and reaction. Andrews, who
I have worked closely with over the past couple of years studying and appl...