Really? Mine are consistantly wrong, I just started a new program today, I turned all of my charts upside down, and seem to be making money now.
Im not looking for 100%. Just wondering if there is something reliable. Sorry, I thought I made that clear.
My post was in response to the previous poster. To you: what is your definition of reliable? That works all the time? 50% of the time?
I projected yesterday that today will likely be a down day. Usually, in uncertain time, people will not buy knowing that there's a long weekend ahead. This comes from experience. Although, I did this at a discretionary level only. Looking at the chart today, seeing how the price is moving up slowly after the 10 pts or so decline earlier, it suggests that today would like be a down day. If I am wrong, I probably will be wrong by a max. of 5 pts (price is likely not to go up more than 5 pts, if it does go up). And I have yet to look at volume.