|
PureBytes Links
Trading Reference Links
|
To set a frame of thinking for the coming weeks I
have had the
SwingMachine perform an analysis of all swings of a
21 bar
detection length form 1940 until now.
What the system did is MATCH 3 consecutive pattern
numbers
(in this case 8-0-6) and find the percentage
changes in price
and the number of bars in the next <FONT
face=Arial size=2>two legs following these
matches.
The system averaged these data into 9 potential
paths of prices
over the next few weeks and the results are shown
in the
attached.
This analysis would conclude that we have not
reached the
bottom of this leg of the market but that at worst
we would
expect is probably somewhere<FONT face=Arial
size=2> in the 9300 range for some
time in the middle of Feb.
Clyde Lee
- - - - - - - - - - - - - - - - - - - - - - -
- - - - -Clyde Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - - -
- - - - - - - - - - - - - - - - - - - - - - -
-
Yahoo! Groups Sponsor
ADVERTISEMENT
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.
Attachment:
Description: "junk1.gif"
|