The TradingEdge

[kiy]

Roadmap definition...How much of the next High to Low can I get?

Start with these concepts:...deterministic or random...
1... everything can only be either deterministic or random, that's it.

2... If something isn't deterministic then it is random.

3... Perhaps a system can operate with a mix of deterministic and random elements, but the random elements are still random.

4... The random elements are still random...or do they evolve?
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ADX...Di...stochastics...

http://hussmanfunds.com/wmc/wmc120130.htm
In nearly all real-world data, there are short-term fluctuations, random effects, and other influences that create "noise" in the values that we observe. Typically, those sources of noise confound the "signal" that we want to identify, so unless the noise is filtered away, there is a risk of being misled by meaningless short-term fluctuations. In finance, there are countless approaches that essentially involve noise reduction. For example, a moving average is just a simple noise-reduction technique, where very short-term fluctuations ("high frequency components") are averaged away, leaving the smoother influence of longer-term fluctuations.
...I'm comparing stochastics at oversold levels to the +Di only...whats it say...?...
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p62561388116&r=785