July 29, '04. ...and the decision is....Split!


The market often gives early tell-tale signs where it intends to go for the rest of the day. Likewise, the market sometimes indicates quickly after the opening that there is no significant trend at hand at all. Thursday, July 29, was just such a day. Knowing this in advance of the day can save the trader considerable frustration and a lot of precious capitol. Study these and the other day-model identities in the course Pivots, Patterns and Self Recognition.