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Someone here asked a few days ago how to determine if a day would be choppy
or trending. One simple way to do this is to look at the degree of
progressive symetry (repetion of move to a left pivot high/low) followed by
successful retest of left pivot low/high) found in an intraday chart e.g.
hourly. Symetry demonstrates a consistency in behavior of the market
participants. Where there is little or no symetry, price action can be
expected to be choppy. Most often, the simple stuff works quite well.
Earl
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