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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (76170)1/11/2025 12:19:02 PM
From: Doug R  Read Replies (1) | Respond to of 79533
 
"Exactly"....now we're getting somewhere. Grok's an ok seminar attendee...although a bit green.

2010 Flash Crash:
T2: March 8, 2010, at 10,760.
L2: February 8, 2010, at 9,869.
Correction/Crash Bottom: May 6, 2010, at 9,869.

Trendline Extension:
The trendline from T2 to L2 would extend to intersect exactly at the bottom of the flash crash, providing an accurate prediction of the market's sudden drop.