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Pastimes : All Clowns Must Be Destroyed
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To: Ilaine who wrote (36110)5/26/2000 2:14:00 PM
From: pater tenebrarum  Read Replies (1) of 42523
 
what do you mean what would it look like? it would look different of course. for one thing, we would not have oscillator divergences. MACD, RSI, stochastics, all diverged at the low point on Wednesday (making a higher low as price made a lower low).

in any case, the possibility that the signals indicating a ST bottom are false still exists. t/a is after all about probabilities, not certainties. if the reverse H&S on the NDX 30-min chart with the bullish oscillator divergences at the low point of the head should FAIL, it would be extra negative.
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