Saturday, March 31, 2012

MODE OF 3LB GRIDS ELEMENTS FOR DOWNTRENDS

Yesterday's 11 Mode of the 3LB GRIDS (confirmation of a Green Reversal) appeared most of yesterday but evaporated in the end day sell off to lay down another 3. Threes can repeat within a downtrend, but ultimately give the Green Reversal. The daily elements of the current downtrend have been 6-9-10-3-3. The daily element is used to "try" to predict the next day's price action for TNA.

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