augieboo's 3rd junk pile

[augieboo]

3 BLACK CROWS & RETRACE OF PIVOT HIGH UPDATE:


Table: 50% Retrace of 3 Black Crows:

 
 Index     3C     High   Close    
 ================================= 
 COMP      1265   1279   1259 
 NDX        908    923    901 
 SPX        873    874    859 
 DOW       8385   8418   8274 
 SOX        ***    310    283 
 BTK        ***    346    330 
 BKX        720    733    715 
 3C = 50% retrace level of 3 Black Crows  
 

Comment: All five indices showing 3 Black Crows patterns exceeded the 50% retrace levels of those patterns intraday, but not one closed at or above the 50% retrace of its 3 Black Crows pattern.


Table: 50% Retrace from last Pivot High:

 
 Index     PH     High   Close    
 ================================ 
 COMP      1280   1279   1259 
 NDX        924    923    901 
 SPX        872    874    859 
 DOW       8399   8418   8274 
 SOX        316    310    283 
 BTK        349    346    330 
 BKX        720    733    715  
 PH = 50% retrace from last pivot high  
 

Comment: All seven indices met or exceeded the 50% retrace of their most recent Pivot High, (within a few points, which is close enough), but not one of the seven closed at or above the 50% retrace of the pivot high. BKX came very close though.



Retrace Charts of the Three Crows patterns:
























Retrace Charts from the last Pivot Highs





















(:

augie