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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (68928)3/18/2003 10:18:16 PM
From: AllansAlias  Read Replies (1) of 209892
 
Yes, that is the clear-as-day alternate for me in non-tech.

I don't need to tell you, but everybody who would call herself a technician needs to know when to flip to that scenario; what would trigger it as the favoured.

The other thing one does, is know the intersection between one's favoured and one's alternate. Even if I am wrong about this being an impulsive 'big C', the intersection of that scenario and the alternate (which you posted the chart for), is that this leg will not end this up. This is reason for me to hold for higher prices yet.
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