weekend charting , page-61

Hi sskim,

Quite a crew in Bris. There's more over at the XJO thread.

Sunday pub lunch in the inner southside for my suggestion.

The man to answer question is Winkinatcha.

I'll do my best to copy his method.

PTR
1 hour

The largest bear histo is marked against price.
Since then histos are getting smaller with each cluster.
That's signal one.

After signal one we look to the mav's. Since signal one, the
low of the mav's has continued to get higher.
That's signal two.

Price has continued to drop during both signals.

This would now be consided a valid target.

Note that this is only one t/f and different t/f's can
have different targets. No stop loss is normally suggested.
It will work. Don't know when.

What's your support level? The low?

I would certainally look to f/a to assess risk!



The ichimoku weekly shows no support other than at current
levels and the low.

Bear trending