Friday, January 6, 2012

GCN pt 7


A  3 Rev Chart
Notice the Position in the Boxes
We might expect a change of behavior in Support and Resistance Now.




And an equivalent of a 1 Reversal Chart
Outlining  the behavior of Support and Resistance so far.



A point to ponder==> A P&F chart can PARK or HUNT.
Intrinsic time can contract and expand.
This is related to changes in the population of interest.

 Changes  in the population of interest is an often overlooked dynamic.
Wyckoff tells us that the  Buying and Selling waves gather followings.

The concept of intrinsic time ( THE WORK ) => Expanding and Contracting is VERY IMPORTANT.

When our P&F charts HUNT "On the other hand, the figure chart may show many fluctuations"
we should take very careful  note of the direction and pattern.
The Expansion and Contraction.

Also note the extra clarity in coordinating and using both  1 and 3 Box Reversal Charts

Motorway



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