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Strategies & Market Trends : Galapagos Islands
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To: X Y Zebra who wrote (30602)3/4/2003 11:26:39 PM
From: Techplayer  Read Replies (1) of 57110
 
XYZ, great site for concise explanations of the various indicators. One of my recent favorites is the Williams %R.

from the explanation:

An interesting phenomena of the %R indicator is its uncanny ability to anticipate a reversal in the underlying security's price. The indicator almost always forms a peak and turns down a few days before the security's price peaks and turns down. Likewise, %R usually creates a trough and turns up a few days before the security's price turns up.
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