Saturday, August 28, 2010

TZA, Weekly Chart Blip Detection Compared with...



Based on Weekly TZA Indicator-related BLIP DETECTION Elliot wave 1[v] was moved again on this TZA daily chart(from May 24th to July 5th). For this downwardly trending market, blip detection detected major TZA turning points better than weekly & daily Renko, weekly & daily 3 Line Break and weekly & daily Kagi.

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