I have developed a means of Projecting Prices within cetain time frames and will post information on a regular and sometimes irregular bases, given the time I have to do so and the quality of the data at hand. This system can indicate turning and resistance points in a stock or index but it should be noted that some of the indications will happen during the trading day and may not show up on some daily charts. It should be noted that I have seen prices rise or fall to an indicated point and move in the opposite direction for a short period of time and then carry on in the original direction. I have back-tested this system for appox. 6 months and have gotten very good results. This is not an advisory thread for the purchase or sale of stocks.
Cheers and good luck to all. |
