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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: freelyhovering who wrote (15823)4/30/1998 4:34:00 AM
From: Doug R  Read Replies (5) of 79383
 
Myron,

An inverted H&S in the 3 dRSI gives one the opportunity to anticipate that activity on the next day will lead to a breakout of the indicator to the upside. If IFCI were to have a good volume day with a higher close evident, early entry would be advisable. Anticipating how a current day's activity will affect the closing technicals is the next step in sharpening ones use of TA.

Doug R
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