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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gersh Avery who wrote (6233)3/11/2005 6:42:33 AM
From: Venditâ„¢  Read Replies (2) of 8752
 
Thank you Gersh. I have a question which is simplistic. Do you consider a tine failure to be when the daily range breaches the tine or closes below the tine in the case of your chart below.

ttrader.com

Note the closing price is above the tine.
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