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

To: jjs_ynot who wrote (24801)	6/5/1999 2:58:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 44573

Okay, (using hypothetical numbers here) day one would have a high of 15 and a new low for the move of say 6 with a close of 14. Day two might have a high of 20 and a low of 9 with a close of 11. Day three would open at 10 with a high of 18, a low of 8 and a close of 17. That's a three day pattern... in the NAZ, the fifth day took the place of the third day and the seventh day completed the pattern with a new high close over the high of the first day. Got it? Let me know..... GZ