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After the day is done, note the similarity between the theoretical sinewave
with pitchforks and the NDH2 action of the last few days and the resulting
trending today. The three pitchforks on the ND look oriented remarkably
like those on the sinewave chart. I.E. the ND made a transition from cycle
mode to trend mode. That feels like an understatement.
On a fibonacci note, Clyde Lee has an extensive write up at
http://www.theswingmachine.com/Fib_Time_Price_Intro.htm
bobr
http://www.zubee.com
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