When the pitchfork is combined with a fib-gannfan tool an interesting
picture is obtained of Friday and Monday. The fib-gannfan tool is a new
item from Clyde Lee. It will plot fib levels and gann angle lines
referenced to either the primary trendline or an alternate. Primary is the
most recent and alternate is the one prior to that. It makes the reference
via the color of the trendline and you could have multiple fib-gannfans on
the chart at the same time(see next post).
http://www.theswingmachine.com/Fib-GannFan-Manual.htm
bobr
http://www.oextrader.com/sigma_trader
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