T-Waves

[Tetres]

Pictures are worth 10,000 words....

http://stockcharts.com/def/servlet/SC.web?c=$indu,uu[g,a]ieclynay[pb10!b20!b50!b80!b100!b150!b200!d2...

Information on T-Waves Turn Signals

Several readers have asked about how to play these forecasted Turn-Times... So here is a brief out-line...I will expound on this this weekend...
The turn signals are just that, signals that are generated through intense and multiple calculations. I use 11 different variables and indicators, and of as you all know these forecasts and market turns are predicted in advance I can not foretell, a week in advance which direction the turn should break...yet, I am beta testing 3-new variables that may render such information...still in it's infancy and undergoing an extensive back-testing process.

The suggested way to play the turn-signals is as follows. If the specific index is rallying into the turn signal expect a sell-off reversal to commence. And just the opposite to happen if the indexes are selling off, expect a buying reversal.

If the markets are trading in a sideways trend wait for confirmation of the trend..i.e. either a 3-5 candle trend on a two minute chart or my favorite a 3 three-minute candle confirmation to establish the market direction. Please When in doubt wait for confirmation...

The turn remains in effect until the trend is broken i.e. a higher high is made or a lower low... depending on the turn...turns can overlap trading days...and can be canceled out by subsequent turns...and/or the turn can be enhanced

Major moves can last between 6-32+/- hours 150-300 point moves

Major/Minors moves can last between 6-18+/- hours 90-180 point moves

Minor Moves can last 1-6+/- hours 50-125 point moves


Best of Luck
Steve