GM Traders running behind
Daily pp: 896.75
POC: 903
TU
Turk
Rep: 0
Posts: 92
Yes but the TRIN value fell off on the close. I'm down .5% on the SDS. As I mentioned the avg trade length is 2-5 days, so I am still hopeful the market will peter out.
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
Trying again ... 892.25 RTH low to 904.75 RTH high projects to 872 unless 904.75 is taken out.
VO
VOwater
Rep: 133
Posts: 4,121
prestwick you are again trying to make a low projection from high projection numbers...in this case that would give 925 unless 892.25 is taken out
BR
Bruce Johnson
Rep: 130
Posts: 193
VO, as I understand this, you take a prominent high to a prominent low and then factor in 261.8 and that gives a cycle prediction?
VO
VOwater
Rep: 133
Posts: 4,121
yes and no...dont know what you mean when you say prominent but you are taking a pivot H/L and when the next retrace occurs you will use those two numbers...check out kools tools in "Articles"
VO
VOwater
Rep: 133
Posts: 4,121
bruce that is for PRICE Projections...TIME projections are not the same
