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0.68% 8,205.4 s&p/asx 200

titanic thursday, page-68

  1. robbbbbbb
    9,861 Posts.
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    25/07/09
    11:17
    Post #: 5430137
    Bati

    50% is a common retrace alont with 38.2 or 61.8. you are basically measuring the strenght/weakness of the retrace.
    Going forward 150% is basically adding 50% to the intal move giving you 150%
    If its a bull move you want the up legs increasing in time and price, if its a bear move you want the up legs decreasing in time and price.


    regards
    Rob
    XJO Value at posting: 130.50
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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