SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: steve susko who wrote (27110)7/8/1999 12:16:00 PM
From: Chip McVickar  Read Replies (2) | Respond to of 44573
 
Steve,

Here's a definition of this reversal pattern. Message 9975955

A discussion follows over the next 2 days 6/5-7. You will also find more discussion on the MDA thread around this same period.

Chip



To: steve susko who wrote (27110)7/8/1999 6:01:00 PM
From: GROUND ZERO™  Read Replies (4) | Respond to of 44573
 
A wiggle pattern is a reversal low day that closes near the high, the second day has a higher high and higher low and closes lower, the third day has a lower low than the second day and then closes above the high of the first day..... the first wiggle I noticed was in the NAZ at the lows last month which started this spectacular rally in that market... those patterns are generally rare, but they're all over the place these days.....<g>

GZ