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


To: Peace who wrote (54509)9/16/2013 10:35:41 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223033
 
Okay, the third day, or any combination variation of the third day, must close at or near its high AND above the high of the first day... in your example, the last day didn't close at or near its high, it closed down near its low... that immediately disqualifies it, although it is close, but not at all a good wiggle...

If you want to see a good three day buy wiggle from today, then take a look at the SP $VIX for today... we took out yesterday's low but not the first day's low, and then also closed at the high and also above the high of the first day...

GZ