Thursday, January 15, 2015
INTERESTING FORMULA TRUE
YESTERDAY HAD A DOWN OPEN FOR TNA, BUT IT FOUGHT BACK BY OVER 2% DURING THE DAY. A DIFFERENT PATTERN MAY OCCUR TODAY IF TNA OPENS AGAIN MORE THAN 2% DOWN. THIS IS BASED ON YESTERDAY'S TRUE FORMULA: OP PROGRESS LET IT FALL NIGHT THEN DAY #1. IT SUGGESTS THAT NOT ONLY DOES TNA FALL OVER 2% PRIOR TO THE OPEN, BUT THEN FALLS OVER ANOTHER 2% FROM OPEN TO CLOSE. THIS FORMULA WAS ALSO TRUE ON 7/30/14.
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