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Peter Lim wrote:
>
> While the use of Fibonacci, Gann and Elliot wave techniques allow for one
> to forecast market turning points, it is intriguing to take it a step
> further to determine the direction of that turning point.
>
> So if a projection is run from a swing high, what techniques are available
> to know that the projection is pointing to a swing low and vice versa?
NW: Gann was an Astrologer and that was his main analylitical tool. If
you don't know Astrology, you don't know Gann. Astrology is the only
timing discipline that I know that simultaneously gives you timing
information and qualtative information, in advance, such as whether to
expect a high or a low.
Cosmically,
Norman
>
> The use of dynamic cycle ratios, and time clustering allow for one to know
> that a high probability of a turning point exists, but how is it possible
> to determine that the turning point is a low or high ?
>
> Regards
>
> Peter Lim
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