Hi friends,
A bit of discussion recently on squares in the Charts forum. So here's my contribution to the chatter - I've drawn some past "squares" -just a sample, not all - enclosing the highs and lows of certain ranges drawn on a chart of XJO scaled to square. What do we find?
What did the end of these squares do? End of the squares picked the turning points (red dots):)
Now, shall we have some more squares drawn to show their completion points ( the ends of the squares ) into the future? Let me blow up the end part of the chart for easy vision:)
We get 3 distinct end of square points denoting possible separate turning points in quick succession - possibly a short peak, a short pullback to bottom and then to peak again, shall I venture to say?
23 May
26 May
Either 30 or 31st May
Have fun with squares...and be entertained for the weekend!
dascore
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