The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: ivan solotaroff who wrote (37976)	1/1/2001 8:04:30 PM
From: Doug R	Read Replies (1) of 79165

Ivan, A compression low is seen when price has dropped significantly, leveled off for 3 or more days (3 to 8 is usual) and then goes into a very tight (compressed) daily range relative to the daily range seen over the previous 1 to 6 months. Volume for the week going into the compression is often much greater than that of the previous several weeks. Doug R

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