the simple thing is to look for the Momentum low and secondary low... and one would want to see them be on a reduced tick rate....
And one can look at that same thing on the Negative ticks.... and a divergence..
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Thursday, April 30, 2009
Ticks and the charts
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