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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Wildstar who wrote (37)2/7/2000 2:01:00 PM
From: GROUND ZERO™  Respond to of 33421
 
A bearish coil is something like how the NAZ chart looks, except that each higher spike is higher than the previous one and each lower spike is lower than the previous one... there are typically five points to the coil and the last being the direction of the next big move... here, the chart is pointing lower..... what we have in the NAZ is not a bear coil, it just reminds me of one.....

tscn.com

GZ