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A little VST caution seems prudent here per NDX


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#1 spielchekr

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Posted 31 October 2008 - 08:55 PM

As mentioned on the chart notation, max. neg slope pitch was achieved on 10/06/08 @ intraday 1343.34 close vs. 1590.00 100 periods prior. Oddly enough, we are closed just below the price that rendered that maximum negative slope pitch as we now see the slope pitch tag a "maximum reversal", so to speak. The tag itself was achieved with the intraday bar closing at 1351.75.

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Oh yeah, and the 20sma/60min went to its other extreme on us today, too.

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Edited by spielchekr, 31 October 2008 - 08:59 PM.


#2 underabigw

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Posted 01 November 2008 - 12:01 PM

Spielchekr, Thanks! I always appreciate seeing your work. Plus, you helped me remember an idea I had forgotten about. UBW