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I think I have never seen a properly annotated chart. But I do see many questions and verbose inane commentary. Perhaps answers are provided everyday, and without verbosity, on a properly annotated chart?

Not required of a thoroughly unannotated chart.

What about bar 10? Bar 15? etc.?? EDIT: Nice edit, but you were too slow.

Why is increasing red volume annotated as increasing black?

Oops, upon futher review, neither is TLC. Both for the same reason.

1025 is not TLC and 1115 is.

Sorry, this is wrong. P.S. I don't read past your first sentence, if that. You are too verbose for this setting.

Excellent! Uthinks wrong.

Oh sure, it appears that way, but how do you know we are not still in the first traverse?

1025 [close of] is neither.

What signal for change?

Already commanded. Already written. Now so it shall be done. http://elitetrader.com/vb/showthread.php?s=&postid=1600582#post1600582

Cue up the 'chart'. http://elitetrader.com/vb/showthread.php?s=&postid=1653587#post1653587 Deju Vu all over again.

Nicely done! Congratulations on your successful self assesment.

Actually it is the market that provides all the answers. I don't know how much clearer my answer would be compared to what the market has already shown today.

How did we know what must happen today at the open from yesterday's closing action?

Bingo! They overlap at vocabulary words.

What I am getting at is, you don't have a green up channel. The change at 1400 ends the red down channel and starts an up traverse which could be the beginning of a new up channel. But what does it do? Simply fans out the down channel. Edit: In other words, we don't start a channel with...

Getting better. One question, do FTTs make point ones or point threes?

1. C.