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A quick summary of P&F Charting-
P&F measures movement, but not time. It is possible to have small movements over a large period of time, all represented in a single column, and then have large movement over small periods of time, and have it show up all at once.
I'll post P&F charts for SSO in this thread.
Initial view of SSO P&F Chart:
Attachment 2
Actually looking pretty positive for the outlook. P&F shows an expected bullish price objective of 38 ahead, right up to the red "Bearish resistance line" we've been on since May of last year. (Mid-May is shown as the number 5 at the top right, where the red line first appears).
Certifiable :toung:
Attachment 132Attachment 133
From a High Pole Warning to a Triple Top Breakout? Unfreaken believable. I give up...
Attachment 136
Did anyone catch this? Looks interesting.
Dick Arms' New Technical Indicator
http://www.thestreet.com/story/10495...ed&cm_ite=Feed
sorry, just realized I put in wrong place --will post in the correct thread