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Strategies & Market Trends : Longer-Term Market Trends
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To: jjstingray who wrote (343)4/20/2008 12:08:03 PM
From: Perspective  Read Replies (3) of 3209
 
FDX is an interesting one, where the TA and EW analysis see two completely different things. The TA person sees a valid breadkout at "C" followed by a successful backtest, whereas EW sees a potentially completed correction, and anticipates a fairly high probability of a failure of the TA breakout.

See post I'm replying to for the chart setup.

`BC
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