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I used SwingMachine to accumulate statistics on all swings
that were detected by a 55 bar daily evaluation of turning
points/pivots.
The hundreds of swings detected were gathered into groups
such that we had an evenly distributed set of 15 groups and
then the statistics in these groups/slots were averaged.
The result was plotted a different sets of 3 leg projections
from the last NON-FORCED pivot detected.
It is quite obvious that this leg has pushed the envelope
insofar as time is concerned and underperformed insofar
as price excursion is concerned.
Be careful out there as the bears are loaded ! ! ! !
Clyde
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Clyde Lee phone: 713.783.9540
SYTECH Corporation
7910 Westglen, Suite 105
Houston, TX 77063 fax: 713.783.1092
WebSite: www.theswingmachine.com
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