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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (23222)5/14/1999 12:22:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
WE just bounced between an upper FIB retracement and the upper tine of a fork. Now we get to go back lower.....

My forks are the following:

4/27 HIGH
4/30 Low
Middle off of 4/19 low, drawn with the 50% retracement rule.

4/30 Low
5/13 High
Middle tine off of the 4/27 high, drawn normally. This is the fork that rules right now I believe.

I also have a third fork drawn with the 50% offset

4/19 Low
4/27 High
Middle off of 4/12 high...