AI
Sunday, January 22, 2012 2:28:45 PM
Pitchfork rules...
There is a high probability that:
Prices will reach the latest ML
Prices will either reverse on meeting the ML or gap through it
When prices pass through the ML, they will pull back to it
When prices reverse before reaching the ML, leaving a space, they will move more in the opposite direction than when prices were rising toward the ML.
Prices reverse at any ML or extension of a prior ML.
High probability backtested by Greg Fisher as an initial masters dissertation that disintegrated into an independent study project...( sounds like a professor thang as it happened to my son as well)his results showed probability =approx 82%..
The weekly fork on CAT shows we are do soon to retest median line..but maybe it hits top first???
There is a high probability that:
Prices will reach the latest ML
Prices will either reverse on meeting the ML or gap through it
When prices pass through the ML, they will pull back to it
When prices reverse before reaching the ML, leaving a space, they will move more in the opposite direction than when prices were rising toward the ML.
Prices reverse at any ML or extension of a prior ML.
High probability backtested by Greg Fisher as an initial masters dissertation that disintegrated into an independent study project...( sounds like a professor thang as it happened to my son as well)his results showed probability =approx 82%..
The weekly fork on CAT shows we are do soon to retest median line..but maybe it hits top first???
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