[RT] V bottom patterns with ADX

[CRLeBeau@xxxxxxx]

The pattern occurs when the ADX is at a high level (preferably above both the 
Plus DI and the Minus DI), and then the Plus DI and the Minus DI cross over. 
Once the ADX is at a high level (greater than 30?) you can often get faster 
signals than the DI crossover by using the Parabolic SAR crossover instead of 
the DI crossover.

I thought I would point out that this pattern occurred earlier this month in 
most of the stock indexes. (The pattern is most obvious in the NASDAQ.)  

For what its worth, according to my work with ADX it looks like a major V 
bottom has been formed.

Chuck LeBeau







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