It's not just a formula. It's trendline/break-line drawing technique developed by Tom DeMark
https://www.amazon.com/New-Science-Technical-Analysis/dp/0471035483
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It's not just a formula. It's trendline/break-line drawing technique developed by Tom DeMark
https://www.amazon.com/New-Science-Technical-Analysis/dp/0471035483
Thank you. I'll read through it. Most of what I had previously found by googling for the info were various methods, most pertaining to options, which didnt seem to fit this type of trading, so hopefully this clarifies the techniques involved. Thanks again.
that's an expensive frickin' book!!!