Edited by .Blizzard, 18 January 2007 - 11:31 AM.
P&F Pattern: Rut very bearish
Started by
.Blizzard
, Jan 18 2007 11:29 AM
2 replies to this topic
#2
pisces
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Posted 18 January 2007 - 01:40 PM
How do you trade it ? ETF? OR WHAT? TIA,
PISCES
#3
Rogerdodger
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- TT Member*
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Posted 18 January 2007 - 01:55 PM
If you use the "traditional" method of scaling the target is bearish to 740.
But if you use "Average True Range" the target is bullish to 1050.
Both on daily.
On the hourly, both are bullish but show a "High Pole Warning" today.
770ish looks to be a very important support and previous resistance area.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
