NYSE Closing Price to Highs provides the Price Objective on Extension.
Simple Exercise to do yourself for Intra-Day Swings.
When the Initial Price Objective was exceeded @ 441.
_____________________________________________________________
Redraw using the CLOSE from the Highs.
To the Tick.
_____________________________________________________________
Indicies may "appear" sloppy and sloshy - they run to the POs time and
again.
The same applies to Negative Retracements.
Negative .382 holds.... I buy again, after closing SELL. It breaks, the 50%
better hold or its Back to the -.618 @ Minimum.
No need to ask, Draw them up.
When Markets are Trading in Clear Techincal Patterns - and they are
-extreme in Techincal Patterns as we have noted repeatedly.
The ATM opens wide as Stops are run every which way.
Simple Exercise to do yourself for Intra-Day Swings.
When the Initial Price Objective was exceeded @ 441.
_____________________________________________________________
Redraw using the CLOSE from the Highs.
To the Tick.
_____________________________________________________________
Indicies may "appear" sloppy and sloshy - they run to the POs time and
again.
The same applies to Negative Retracements.
Negative .382 holds.... I buy again, after closing SELL. It breaks, the 50%
better hold or its Back to the -.618 @ Minimum.
No need to ask, Draw them up.
When Markets are Trading in Clear Techincal Patterns - and they are
-extreme in Techincal Patterns as we have noted repeatedly.
The ATM opens wide as Stops are run every which way.