Sunday, April 11, 2010 9:30:59 PM
These are not drawn by me or by opinion, but by a program based on parameters and criteria calculated from thousands of numbers and past examples and the lines are put there automatically on the charts by the computer and program when certain numbers or the pps has met certain parameters or limits pertaining to each particular example of a wedge or triangle with a flag or two mixed in. Its only my computer, but next I will post my BEHL chart with my interpretation and my lines of recent and possible projections.
First on from left to right are a bullish rising wedge, ascending triangle, symmetrical triangle, falling wedge, and last to the right is another ascending triangle in which is not confirmed with a breakout as of yet.
Next we have again all bullish from left to right are a flag and then a falling wedge both within a symmetrical triangle, then another flag. At the far right, a real interesting combination has been formed with a program triggered triangle signaling a reverse inside a falling wedge with a rising wedge extending out of that and including a upward channel joining the falling and rising wedge. The last rising wedge has not been confirmed with a breakout as of yet. Remember all of these lines are created or drawn by the program with no keystrokes or mouse movement from me, but has shown to be pretty accurate in the reactions of pps.
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