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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X8/19/2006 11:43:48 AM
   of 6865
 
SIMPLE Ts SUGGESTING A TOP UNTIL THE END OF THE MONTH.

stockcharts.com

T theroy is in the tool box. What I have used on this chart are very simply Ts giving hints of approximate time frame tops and bottoms sould occur.

The tool box needs to be updated as the charts I had for in have been erased. I will update them at some point.

But the theroy is simple, locate a center post using only tops to find the next top, The center post will be an up day and not a down day.

The tops will come an equal distance on the right side of the center post as was on the left side.

Finding bottoms is the opposite in that only bottoms are used and the center post uses a bottom or down day.
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