PureBytes Links
Trading Reference Links
|
Stig, It looks like a Bullish Wolfewave setting up.
If you are not familiar with these waves check out <A
href="http://www.wolfwave.com">www.wolfwave.com.
If you draw a trendline from pts 2 & 4 and
intersect with the 1,3,5 trendline you will have an estimated Time of Arrival
(ETA). To get the price level, draw a line from 1 to 4. Now take a
vertical from the ETA to where it hits the 1-4 trendline to get the price
and time point.
I am just learning this method, so don't take my
word as gospel. Can anyone confirm this?
Also what is the esignal symbol for this index and
what does this index tell us?
Steve
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Stig O
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, July 25, 2001 8:48
PM
Subject: [RT] More CRB
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
Another interesting angle is shown in this
gif.
Price broke above the sloping resistance line
at 4, indicating higher prices allready at the beginning of July.
Then came down to test the line and found
support at 5, which also was the 1-3 support line as well as support level
from Oct-Dec trading range.
Let's see
Stig
To unsubscribe
from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/">Yahoo! Terms of Service.
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|