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Traders,
Using an hourly set of data (relatively short data set) and
a 5 bar smoothing we got a total of 12 patterns coming out
of the '94' pattern setup. I averaged these to 3 projections.
It is obvious that the highest probability (66%) lies with the less
aggressive set of swings:
Green: 4 hours up to 466 then
9 hours down to 457 then
16 hours up to 469 .
However, there is a 33% probability of something like
Red: 18 hours up to 474 then
13 hours down to 460 then
12 hours up to 487 .
Clyde Lee
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Clyde Lee Chairman/CEO (Home of SwingMacine)
SYTECH Corporation email: <clydelee@xxxxxxx>
7910 Westglen, Suite 105 Work: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
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