Signs of Strength & Weakness ---Looking For Springboards

And to GAUGE the changes and changing  in those Probabilities , ONE just has to count .

SYSTEMATICALLY and  OBJECTIVELY  

(1) The Price movement
(2) The Time elapsed in each movement 

(3) The Comparative lifting power or pressure 

etc.

Hoyle ~1896 , Klein ~ 1904

RICHARD WYCKOFF  ~ 1931

and OLSEN TRADING TOOLS 2011

http://tools.olseninvest.com/ois/web/heatmap/

http://tools.olseninvest.com/ois/web/signal/

All these==> Are of the Universe of the Completely real

For our Purposes==>

Directional Change Threshold = Box Size

Overshoot = Number of BOXES in a Column in Excess of the Reversal Size &

Strength of the Trend  = Length of Column 

ETC

We coordinate charts of Different resolutions

Looking for the "Springboard"

Identifying Signs Of Strength & Weakness

And The RESPONSE ( test/response) .. The Last Points of Support and Supply.

Points of Optimal  Risk and Reward.

Read and Enjoy the Links..Look for connection . Keep P&F and Intrinsic Time the central focus

Something Moves or it doesn't. 

"Some people regard a stock (or the market) in this (springboard) position only when it breaks through an old line of resistance or support into a higher or lower field. I claim that the beginning of the springboard move is at the bottom of a range of accumulation, or in the upper levels of a range of distribution."

 R D Wyckoff

Integration of Charts of Various resolutions==> Reveal zones of Oversold and Overbought

and suggest Scaling laws involving...The rate of Fluctuation in terms of Duration and Scales.

"On the other hand, the figure chart may show many fluctuations" (RDW)

 Consider this ''On the Other Hand"  as it relates to Charts of different resolutions and  to time

 ( as Duration ).

Consider How behavior might change at major and minor  turning points in the market.

Motorway