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Hello,
Just had the chance to ask Tom Williams and Gavin Holmes on a Webinar (they
were in Worthing by Sea, England);
Tom said:
Testing Supply is a ultra High Vol Up Bar especially wide spread, then if
market still bullish, then next 2-4 bars low vol narrow spread closing near
lows, then market shoots up. Over all market testing weakness in the
background.
Regards,
Jerry Gress
Stockton, Ca.
-----Original Message-----
From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf
Of jab_rupkotha05
Sent: Monday, July 21, 2008 10:40 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Testing Supply how to !!
Hi All,
Is there any way to find out the "Testing Supply" phase while a stock
trying to up turn from its down trend which "Tom Williams" stated in
his book "Master the Market" at page - 34(Testing Supply). His theory
seems to be effective i guess. Any comments with AFL will be
appreciated. Thanks
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