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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (2566)8/7/2000 10:56:29 AM
From: X Y Zebra  Read Replies (1) of 33421
 
John,

A question in your descending triangle chart. I assume that the same principle applies for an ascending triangle, i.e. breaking resistance up, would mean additional upward movement will follow. The question is:

Is volume a determining factor for the expected follow up in price movement ? (down or up respectively).
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