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

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To: SE who wrote (41321)11/20/2000 5:02:59 AM
From: Patrick Slevin  Read Replies (2) of 44573
 
Most Thanksgiving weeks move higher, at least in the early part of the week. Cycle two weeks have an even better record of moving higher, all week. Curiously, every year since 1996 has been a cycle two week.

Monday in particular has mixed results however if one were to look at all cycles. In the case of a cycle two it leans towards an up day, even a straight up day. The alternative, less likely scenario is a straight down day. It's pretty startling. Every year since 1992 has been one way or the other.....straight up or straight down. In the case of the recent cycle two weeks today has been straight up 3 of the 4 years. In the scenario where it was a down day, all day, it hit 0.50 off the Low of the week. The Low of the week kicked in the next day and the Market had a V shape hitting it's weekly High on Friday.

patterntrading.com

Found out recently that Dallas has it's site up and is updating regularly once again. You have to apply for a password, but the site is free. Do not know how long he intends to keep it up, however.
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