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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?


To: ontrack7 who wrote (7077)11/11/2001 12:25:54 PM
From: Chip McVickar  Respond to of 8150
 
>>once an uptrend is set,draw an initial channel,draw an uptrend line connecting the bottoms of wave 1 and wave 2,
then draw a parallel line over top of wave 1
<<

Done this and see that the market price bounced off this upper trend line on 11/8 at 9721.

NOTE:
Forget it... this is wrong... need to be off high of wave 1..., "over the top", which is now done.