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Strategies & Market Trends : FAVORITE TA INDICATORS

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To: wiley murray who wrote ()9/19/1997 7:10:00 PM
From: Adelantado   of 56
 
Cup and handle formations are said to predict rapid price increases. Yet in the books that I've read with examples of hte formation, I can't see the cup nor the handle. I guess it takes a lot of experience or immagination to see those formations.

What is the formation called when there is a forward handle as compared to a backward handle--that is does the handle have to follow the cup or can the handle lead the cup?

Joe.
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