today, 01/24/2013, looking for a close in/around 4125-4128 to SQUARE OUT all time low

believe it or not, TIME and PRICE are interchangeable and they are the same “thing” when it comes to charts … big lows and big highs will ALWAYS tie themselves mathematically to calendar day, solar time, square roots, etc… so in the midst of today’s sell off we’ll look for a close on the NASDQ around 4125-4128. (take into account the weekend).  I am writing this 6 minutes before the close …

looked for a square out once before ….

this technique is not a panacea, but it is certainly a good idea to see and understand where these time/price correspondences come into play …

stay tuned …


Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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