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Tim, I much enjoyed looking at your site and I thought it might be interesting to see how things worked out on the bonds. Attached is the way things are looking twenty minutes before opening. Obviously, we cannot predict exactly where it is going to open, but let us say it is somewhere in the vicinity of the high. Under my particular rules, that would indicate prices going higher with what I call a Gap to Follow. What would it tell you in relation to the pitchfork? What would you expect prices to do in relation to the median lines?
If you could post a comment, it would be very interesting to see how things develop. I can see exactly how one arrives at producing the lines (although this was purely computer generated!) but it is the reading of the picture which is the important bit, of course.
Anyway, congratulations on all your research and thinking behind is phenomenon. Could be some very interesting lessons to learn here, for everyone.
Best of trading
Bill Eykyn
PS Apologies for the typo on chart. Seen but not changed!
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