October 11, '04. The Tell-Tail Triangle...


Monday: Continuing with our tutorial on triangles...One fo the more interesting observations about triangles is how they so often set up reversals to the current trend. There is a special reason why this particular triangle in the SMH signaled a reversal to the downtrend. Although, plainly visible, no traders I have every worked with knew about it before I showed them. Come take the course Pivots, Patterns and Self Recognition. Learn this and other important trend reversal signals at daytradingmethods.com