the widest spots,(nips) are the most heavily traded price,the narrowest(cleavage) are similar to gap fills,the ledges are where a large buyer or seller sat on or parked under a market,the first and last (nip /ledge)should have residual buyers or sellers that would be happy to scratch a trade or remove a hedge at zip,meaning that if we are dropping towards one the buyers wont step up,thus a magnet...recognize those 3 areas and your good to go
naz since dec 09 has stayed in this range,today it stopped at a ledge,if it bounces off it falls to that lower ledge(2237) then nip (2225),if it goes thru it moves to the upper ledge(2294) then nip (2314),it tells you where the next buyers or sellers are in size and it gives the mean
Two years are hardly a "multi-sigma single day or event-driven move" per se. You ask tons of questions under every subject matter known to mankind, really kinda ADHD almost. Try completing one task first, please.
You should see how many questions he has asked by starting threads on Wilmott. Didn't see him on NP, but then again if he did post there the site's owner would most certainly have "blended" him post haste.
The blame lies with the slow learners who reply him with substantive information. As long as they do so, he'll keep spraying questions.
It's more tolerable if in his subsequent responses he has shown some sort of progress towards doing some proactive and self-directed research himself - which, unfortunately, is seldom the case. RK, you have reminded me to stop feeding the pigeons and I will take your observation to heart.