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Discussion in 'Trading' started by Walther, Jul 12, 2005.

  1. Based on intraday cycle analysis there are two possible reversal time periods. One is on Wednesday after 13:40est and the next one on Thursday, around 11:00 est . As a confirmation one can use a divergence with your favorite indicator. This should work well for daytrading.
    I do not think this will be any major reversal because day cycle is not completed yet .
  2. Wow, can I bet my money on it! I too use divergence but I, from now on, will drop the silly market randomness theory and stick to your crystal ball!