Sunday, July 3, 2011

ATX: 2DF, 3DE, then DeMark




The 2 Day Flip Reversal (2DF) is also described in Hill's book. The 1st day of the flip occurred on high volume in association with a rising ATR. The 3DE was associated with a drop in the ATR, a bottoming of the TSI (pink arrow) and loss of the RSQR downtrend.

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