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Strategies & Market Trends : Wolfgangrene's charts
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To: wolfgangrene who wrote (3530)3/9/2017 11:28:48 PM
From: Robov2 Recommendations

Recommended By
DanWebzster
The Ox

   of 3976
 
Someone brought the possible pincher on MUX to my attention which immediately made me think of you. I posted this chart and analysis;

Message 31023252

Then someone posted your chart to pineapple trader on my MUX thread. It made me think that one of the things I loved about having Wolf on the MUX board was his highly accurate Technical Analysis. It almost always lined up with what I saw. Even though we both used slightly different Technical indicators and our methods to measure what we saw as potential future chart action were different we often ended of the day with the same or very similar conclusions.
And having Wolf post his analysis was always comforting because it confirmed with what I was sure I saw on the charts. I also must confess that I learned a great deal from what Wolf brought to the board with his charting and analysis. It is dearly missed.
It's also comforting to know that I still remembered that he would like that ADX over 50. I think the tighter the squeeze, generally speaking, the harder the rebound when it turns and goes the other way. Kind of like stretching a rubber band and letting it go.
That might be just what it needs to get down to the 2.50 range that I mentioned or god forbid, fill that daily gap down between 2.27 - 2.33 where it would be a steal IMO.
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