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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Roads End who wrote (28800)1/31/2012 3:16:38 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 222735
 
Sure... sorry if it wasn't that clear... simply this, we must close above the higher price or a sell signal will automatically be triggered and confirmed on Friday February 10th... if we close below the lower price, the same thing applies, but I would take that as a stronger sell signal confirmation... either way, a close below the higher price is still a confirmed sell signal... was that any more clear?

GZ



To: Roads End who wrote (28800)1/31/2012 3:22:17 PM
From: GROUND ZERO™  Read Replies (3) | Respond to of 222735
 
I think what makes it confusing is that my model was telling me as far back as earlier this month that Friday February 10th is a double deadline due date for this rally phase, and in order for this rally to continue, it must close above a specific price, and my model has issued two simultaneous ultimatum prices for that very same Friday February 10th... so, I would personally go with the higher of the two prices to start with, and if the signal is triggered and confirmed below the lower price, then I would construe that as the market being that much weaker at that point...

GZ