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http://www.amibroker.com/library/detail.php?id=105 first comment
----- Original Message -----
From: Dimitris Tsokakis
To: amibroker@xxxxxxxxxxxxxxx
Sent: Tuesday, April 23, 2002 11:03 AM
Subject: ^NDX Descending Triangle
Sometimes we do not want the possible verification of theory.
^NDX has formatted a descending triangle which seems to warn
for a -250 units below the 1320 support [after a probable breakout]
I really dont like it.
Dimitris Tsokakis
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<DIV><FONT size=2><STRONG>Looking for the same formation in ^IXIC we havethe
NDX2.gif.</STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>Although I use percentage low as per=3, pointA is not
yet recognized as a local peak.</STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>Indeed, High(A)=1832.01 and LastValue(H)=1779.18 .
Point A would be recognized as a peak for </STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>High values below 1832.01-3%=1777.04
!!</STRONG></FONT></DIV>
<DIV><FONT size=2><STRONG>This is to underline the cautious use of zig, peak,
trough and related functions.</STRONG></FONT></DIV>
<DIV> </DIV>
<DIV><U><EM><STRONG><FONT size=2>References</FONT></STRONG></EM></U></DIV>
<DIV><FONT size=2><A
href="http://www.amibroker.com/library/detail.php?id=105";><STRONG><EM>http://www.amibroker.com/library/detail.php?id=105</EM></STRONG></A><FONT
face=Arial> </FONT><FONT face="Times New Roman"><STRONG>first
comment</STRONG></FONT></FONT></DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
href="mailto:tsokakis@xxxx"; title=tsokakis@xxxx>Dimitris Tsokakis</A>
</DIV>
<DIV><B>To:</B> <A href="mailto:amibroker@xxxxxxxxxxxxxxx";
title=amibroker@xxxxxxxxxxxxxxx>amibroker@xxxxxxxxxxxxxxx</A> </DIV>
<DIV><B>Sent:</B> Tuesday, April 23, 2002 11:03 AM</DIV>
<DIV><B>Subject:</B> ^NDX Descending Triangle</DIV></DIV>
<DIV><BR></DIV>
<DIV><STRONG><FONT size=2>Sometimes we do not want the possible verification of
theory.</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2>^NDX has formatted a descending triangle which seems
to warn</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2>for a -250 units below the 1320 support [after a
probable breakout]</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2>I really dont like it.</FONT></STRONG></DIV>
<DIV><FONT size=2><STRONG>Dimitris Tsokakis</STRONG></FONT></DIV></BODY></HTML>
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