BusKow Posted April 24, 2004 Report Share Posted April 24, 2004 Similar views for the review I'm doing this weekend... Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 Put the indices first for reference Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 So, one could say 38-50% retrace is "typical" for now Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 Less is a "better" stock Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 More is "worse" Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 The volume by price bars Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 may indicate where support Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 could be found Link to comment Share on other sites More sharing options...
beardrech Posted April 24, 2004 Report Share Posted April 24, 2004 Bus Would you do me a favor and take one of your charts and spoon feed an intepretation to me--I lke thoss horizontals but i'm uncertain as to what they mean relative to each other--and i dont see the fibo numbers--It doesnt have to be painfully elaborate although i would like it so but enough to at least get a feel for it-- beardrecch :cry: ---As if he didnt have enough on his plate--- Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 This had a price adjustment, so my local data gives a bad view. This has the info... Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 BD, I'll try. I'm no expert, but I'll share my thoughts. There are many charts, and I'll sprinkle the comments as we go... Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 The solid red lines are the 0%(start-low) and 100%(end-high) price lines of reference for the move. Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 Note this program uses the closing values for calculation levels. Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 The four dashed lines (show up better when chart is expanded) show Fibonacci retracement percentages Link to comment Share on other sites More sharing options...
BusKow Posted April 24, 2004 Author Report Share Posted April 24, 2004 These are 23, 38, 50, and 62 percent of the upmove... Link to comment Share on other sites More sharing options...
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