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Strategies & Market Trends : Harmonic Trading with The Phoenix

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To: the-phoenix who wrote (614)5/7/2003 7:34:58 AM
From: Michael  Read Replies (1) of 941
 
Hi Phoenix,

Sorry, didn't mean predict in the sense of foretell, just that if the pattern plays out, you would expect it to bounce from 920 ? Is my understanding correct.

Given that its right at the .618 point, does it have any wiggle room in the morning or does it have to go straight down from the open for the pattern to be confirmed?

Cheers

Michael
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