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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: wmwmw who wrote (6412)6/4/2005 7:16:59 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12411
 
I see what you're asking, but no, that's not at all how the spiral is used... you can place the center on the 4/7 high of 1186.20, which is higher, then the lower wall on 1166.80, you'll notice that prices broke sharply for 4 days as soon as it broke through the wall... there is no need to crunch numbers, since the shape of the spiral does it for you...

GZ