Quote from bh_prop:
Ok, if my original interpretation was correct, my original question is still unanswered. Bar 41 did not have higher volume than the origin of the lateral (bar 38) and sym bar 69 did not have higher volume than bar 68. So how can either of those 2 bars have an end of trend volume event if the volume cannot be measured? Perhaps I need Jack to answer.
I counted and logged the lateral bars. Lat 3 was bar 40. bar 41 I logged as lat 4. At that point I write "retro in two places: near and to thhe right of form's lat 4 logging and on the row for bar 38 to the right of the event column.
I write in a volume value for bars 39, 40 and 41. they were P1, P1 (through neglect I omitted the pink ray on the chart), and T1.
On the PP sheets of EE's there is PP3. It's criteria is that a T1 be "beteen" two P1's. The criteria was met.
For bar 69, I see it as a lat 3. Bar 70 is a lat 4. see above comment.
I did the retro for bars 68 and 69 and got an Ab, LVBO on 69. I did set A yellow panel and found n - 1 BM, REV AND an n of Ab. A c turn occurred. thus I labelled the price bar as a c turn going short.
I did the retro for bar 70 . I checked bars 69, 70 and 71; they were P1's. AND bar 69 was assigned a P1 since it was an A band EE. I checked for acceleration and it was present. On the PP sheet this is listed as PP1.
So I checked the Modrian Table for a possible c turn (the purpose of the Modrian Table) N -1 was Ab AND n was a PP1. They are present so the turn is a C turn in Set A. this is a go long.
Since I missed the c turn, I adjusted my chart accordingly. The a turn on bar 74 is not a possible c turn (check the Modrian table to confirm this (I did the check))
This affects the open since the carryover is long.
So I used the Modrian Table panel (green) in the SET A column to see if there was an n -1 (PP1) AND an n value of PP3. I found this was TRUE. When true, this means a c turn is occurring. If a c turn, then there is a reversal.
thus, the annotaitions on the chart.
thanks for being persistent. I find, in the learning curve, that the lats are kinda difficult.