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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: John Pitera who wrote (35921)10/8/1999 1:50:00 PM
From: Chip McVickar   of 44573
 
John,

See my last post.

<<what if we close higher than yesterday's high??>>

It's still an outside day....but it would be a stronger signal if it closed below yesterdays high even better it's close. Look at June and July peaks...both are true outside days.

Look at April...there was an outside day that closed above the previous days high and the very next day was up, but also the last for the cycle.

They are worth knowing!

Chip
iqc.com
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