joelk...agreed on movement with the dow....(usually)
...the point of this brand of TA is that it suggests markers to look for for reverals or breakouts...given the direction of movement. If you look at my last two posts and the price levels suggested, then compare to actual movements, the TA missed by only a penny or two the bounce points...
not a silver bullet, but better than flying blind on a hunch...
If you buy and hold...this doesn't matter.
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