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Granville's Climax Indicator (CLX)


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#11 Geomean

Geomean

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Posted 09 February 2012 - 02:41 PM

Geo, one more thing. Don W. has stated that CLX itself in a vacuum is not as useful as combining it with ewave and Fibo methodologies. He believes incorporating it into a network of methodologies is what gives CLX it true advantage.

Doc


Thanks Doc,

That was/is a sound observation by Don, somewhat comparable to the portion quoted from Joe referencing where the "market stood in its normal cycle", but more specific.

Personally I prefer the mechancial D-Wave™ by DeMark, given the constant E-Wave revisions and uncertainties, and have used it for years and Harmonics a la Pesavento, which I include in all my charts now, especially intra day versions.

But hopefully focusing more on volume might give a dull blade like me some even sharper edged tools. :D
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