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And here is a set of charts on a few other things.
The GREEN fork (the last one) is typically a FORCED fork. That is
to say
the last pivot has not really formed. But if one should form at the
most
recent high or low then this is what it should look like.
The MAGENTA fork is guaranteed to be a NON forced fork and my
represent the true path which prices will follow.
The RED fork is the fork prior to the MAGENTA fork and gives a bit
of historical look.
All pivots are computer picked. In this case the length specified
for
the Swing_Lee function which identifies pivots was 13. That is
the
indicator looked back 13 bars for the highest high and lowest low
and
when the distance to one became shorter than the other then a pivot
was called.
The attached contains DAILY charts of CL, JY, US,
and FV .
Have fun.
Clyde
At 12:58 2/27/01 -0600, you wrote:
At 01:52 PM 2/27/01 -0500, you
wrote:
Afternoon, folks.
Since Bill and I were posting charts, I thought I'd post a mid-day
s&p and
nasdaq 100 futures chart...
Been a fun day trad9ing against resistances so far today.
Tim Morge
www.medianline.com
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Clyde Lee 7910 Westglen
SYTECH Corporation Suite 105
Chairman/CEO Houston, TX 77063
Home of The Swing Machine/Swing Trader
www.theswingmachine.com
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