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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (4755)	8/7/2002 3:12:31 AM
From: augieboo	Read Replies (1) \| Respond to of 30712

I posted some charts and 2 tables of the retraces off the recent pivot highs and the 3 Black Crows patterns. Here are the tables: Table: 50% Retrace of 3 Black Crows: Index 3C High Close ================================= COMP 1265 1279 1259 NDX 908 923 901 SPX 873 874 859 DOW 8385 8418 8274 SOX * 310 283 BTK * 346 330 BKX 720 733 715 3C = 50% retrace level of 3 Black Crows Comment: All five indices showing 3 Black Crows patterns exceeded the 50% retrace levels of those patterns intraday, but not one closed at or above the 50% retrace of its 3 Black Crows pattern. Table: 50% Retrace from last Pivot High: Index PH High Close ================================ COMP 1280 1279 1259 NDX 924 923 901 SPX 872 874 859 DOW 8399 8418 8274 SOX 316 310 283 BTK 349 346 330 BKX 720 733 715 PH = 50% retrace from last pivot high Comment: All seven indices met or exceeded the 50% retrace of their most recent Pivot High, (within a few points, which is close enough), but not one of the seven closed at or above the 50% retrace of the pivot high. BKX came very close though. Here are the charts: investorshub.com