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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (7372)4/5/2005 7:57:27 PM
From: Gersh Avery  Read Replies (1) of 8752
 
>The addition of the lower oscillators shows the general trend to be up so that hints that the move out of the wedge should be up.<

Those by themselves I figure puts it at about %70 or so in the up direction.

The fact that the other fork did die tends to support an up movement also. That is, the fact that it was a strong, down trending fork that died.

That means that there is some upward energy in the markets.

By the forks, I would put that to be at about 70% probability up move also.

I'm not sure if you could add those effects or not ...

I haven't even looked at the BB's yet ..
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