market watch - friday, page-29

Further to your "Observations", Woo...

I do like your "Schiff" modified pitchfork(chart[1] below); especially as if we square that range(orange Box) the Gann 1x1 from the '0" line directly below the range high came right in at yesterday's low also(an intersection with your MT of the Schiff fork).

Having said that, I have been using the next Hourly AP chart(chart[2]) as my "road_map" for the S/T ... a more 'traditional' Andrew's Pitchfork with % extensions. I like to break_up my pitchforks into 1/8ths(ala Gann squares/circles) as these invariably provide suppt/resist for intermediate swings. Now the dotted red tyne extension that is highlighted on this chart is highlighted as its the same as the extension of the red A.P. on the weekly chart(chart[3])....also using Schiff style pitchforks.

Chart[1]

Chart[2]

Chart[3]