InvestorsHub Logo
Followers 2
Posts 901
Boards Moderated 1
Alias Born 07/08/2002

Re: ajtj99 post# 2549

Monday, 06/23/2003 1:38:13 PM

Monday, June 23, 2003 1:38:13 PM

Post# of 148479
I think it's important for people reading that to know that if the change in trend indicator does not get triggered, you may still forecast a change in trend for other reasons. In other words, if I understand your thinking, once this indicator comes into play, a close five or ten points off the low is evidence of a change of trend in progress, but a close on the lows is not necessarily evidence that a change in trend won't still happen.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.