Saturday, 23 June 2012

Dax 2 day swing chart

The 3rd test of the neckline was met by a double close key reversal (basically an engulfing candle that closed below the 2 previous closes).This is one of Jeff Kennedy's favorite reversal day patterns The 2 day swing chart  was Gann's favorite mechanical trend indicator


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2 comments:

  1. zim24 June 2012 at 08:17

    It's not exactly your red dashed trendlines, but those red badboys are what got me drawing this:
    http://rationalinsolvency.com/2012/06/dax062412apf0.png

    Thanks for all your great charts CR!

    ReplyDelete
  2. Chartrambler24 June 2012 at 13:34

    Very nice Zim ! Thanks and you are most welcome

    ReplyDelete