Am I looking for the teeny tiny annotations that are 'ftt'? I am a bit distracted by that huge advert in the background. Nice try.
I thought that the portion of that (1605 close of) bar where the price traveled from that bar's high to it's low IS the change signaled by the previous bar lower volume? Am I missing something?
Thanks for sharing Avi8. I'm wondering why you expect change when there's a pennant formation? Is it because that bar has lower volume after the previous bar broke out of a lateral movement area on increasing volume? Or is it because you automatically think "expect" change on all pennants (you said "expect change" on a lot of the pennants in your MADA on 040408)? I thought the pennant formation represents continuation given the proper context, so I guess my question is...what about this context makes you see that pennant as a moment of impending change. Also, is there a difference between when you say "expect change" and an actual change signal? Does "expect change" and "anticipate change" mean the same thing to you? Please forgive me if any of that sounds stupid. Just trying to work some stuff out. Thanks for listening.
Hello all, I had to take a break for a few days to catch up on some personal stuff. Priorities. Anyway, I have some reading to catch up on, but I wanted to make sure I took the time to thank everyone who contributed to the discussion on CZZ at the end of the week. Going into detail on the chart really helped a lot. Thanks All! JF P.S. Bought to cover two days ago... 7% gain