Tuesday, July 5, 2011

Sunday, July 3, 2011

GLL's Confirmed Trend Up, MTI Buy & 3DE



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.

Saturday, July 2, 2011

INPH's DeMark Box was Preceded by 3 Day Equilibrium (3DE)



3DE is described in John Hill's Book, "The Ultimate Trading Guide:" 3rd day range greater than 1st two days' ranges; 3rd day low higher than 2nd day low; 3rd day close greater than 62% of 3rd day range. Day 2 and 3 of the 3DE were the 1st and 2nd days of the DeMark Rising Close Buy. These two patterns occurred while the CCI was still negative and three days before the MTI Buy Signal flashed.

Friday, July 1, 2011