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.
Thursday, March 29, 2012
TNA STOPPING VOLUME TODAY
The downhill skier slams on his brakes on volume higher than the mean volume for the past 6 days (black lines) and TNA price closes in upper third of price bar. Another TNA Green Reversal?
6-9-10-3
3LB GRID mode today was 3 with a PVI Demarkian/Reverse Demarkian Oscillator GRID of 19 (the same as 11/1/11). Am looking for a green reversal tomorrow.
Analysis of 6-9-10
Five Days in Late October 2011 (10/25/11-10/31/11: 3LB Daily GRID Modes: 9-4-6-9-10) were compared with the past five trading days (27-1-6-9-10). Only the HA Ultimate Oscillator 3LB GRID Modes matched on the first day. Then there was a cascade of matching GRID modes. Each GRID was a formula involving 2 day closes, Demarkian and Reverse Demarkian Oscillators (DO) for one of 39 indicators evaluated. DOs were not used for RSI, ADL & OBV formulas.
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