AVZ chart, page-4824

Thanks. Come to think of it I had come across these candles before. Seem very sensible to try and smooth out the noise and gaps in the chart that people tend to get in fusses about.

If you have the inclination can you please explain a little about how the (yellow) trend boxes work and the differential boxes? I can’t immediately see how they are generated. They look a bit arbitrary to me (I’m sure they are not). Judging by a note you made on one of the daily? charts they seem to work in conjunction with the horizontal (white) lines?

If I’m interpreting your charts right there seems (from your hourly charts) the seeds of a possible reversal hare although I did notice you mention the cross on one of your oscillators was in the wrong position. Looking at the Ichimoku indicators we are no where near an entry on the hourly chart. I have a feeling the IC method is more conservative and has better application when it comes to finding the long and sustained trends which are the ones you really want to ride.

What’s your view on a sustained longer lasting trend reversal? Do you see any evidence yet. What would you be doing if you were on the sidelines now? Waiting or buying?

Sorry for the 20 questions. You’ve got a lot of great tools and clearly know how to use them. It would be interesting to hear your call at this point while people are in bottom fishing mode.Esh