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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (40106)11/11/2001 6:16:50 PM
From: Warthog  Read Replies (1) of 79263
 
thanks for the long list..I shall watch.

watch the X2 scan..it has done reasonably well this
week. In backtesting, it has done well since june.

It is based upon the principles:
1. A stock breaks thru resistance
2. A new resistance is formed and at the same time
the price retreats to its 13dma.
3. There is a upturn in the 3d cci as defined by a
cross of the cci and a 3 dma of the cci.
4. the up signal seems to be good for 1 to 3 days.
5. In a number of instances, a horizontal channel forms.

Resistance is defined:
Resistance:=ValueWhen(1,Cross(Mov(C,8,S),C),HHV(H,8));

As soon as my prozac gets thru the mail, I shall be doing
some more experiments.

enjoy
wart
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