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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (62833)2/12/2003 1:40:59 PM
From: Arik T.G.  Read Replies (1) | Respond to of 94695
 
Yeah,
What I had was a small intraday ending diagonal that signals for me the end of a ST trend. If he market then moves lower then it's a LARGER scale leg then the one that was completed with the ED, so watch out !
My experience is that most of the times this ending pattern does not work the trend will sharpen.

Anyway this fits better with the greater picture. I was surprised to see this ending pattern, but had to call it as I see it.

ATG