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Saturday, December 30, 2006 4:53:21 PM
Bill Williams and SFNN......
Williams, a psycologist by trade, found four specific volume situations relative to four specific price activities are often precursors to trend change in stock charts. One such combination exists with SFNN - the "squat".
The squat combination is the easiet to locate on the chart. Simply find a print in price where the elevation between open and close are quite narrow and the same period realizes an increase in volume. Change is around the corner. The SFNN daily chart below identifies recent squat prints.
The weekly chart below has made a squat print below (Friday close).
The greater the chart duration, the greater the probability of change but direction is less accurate.
Williams, a psycologist by trade, found four specific volume situations relative to four specific price activities are often precursors to trend change in stock charts. One such combination exists with SFNN - the "squat".
The squat combination is the easiet to locate on the chart. Simply find a print in price where the elevation between open and close are quite narrow and the same period realizes an increase in volume. Change is around the corner. The SFNN daily chart below identifies recent squat prints.
The weekly chart below has made a squat print below (Friday close).
The greater the chart duration, the greater the probability of change but direction is less accurate.
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