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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: robert b furman who wrote (12088)11/23/2011 11:31:03 AM
From: Chip McVickar  Read Replies (1) of 12410
 
take the horizontal black pitchfork...

one equal distance from the median line to lower tine or Reaction line is R-1... next equal is doubling to R-2.. next is an R-3... so on ....

as seen in the major pink fork the opposite is true of the upper Action Line and went on to A-11
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