we don't know. we sell out when reaction highs/lows are violated or strong divergence signals are present. The trend is a trend until it stops being a trend. It could be forever. Everything in life contains trend--intelligence, wealth, weight, drug use, TV watching, ignorance , stupidity, integrity, cancer etc etc etc.Quote from marketsurfer:
yes, you paint a pretty picture of the past. now please tell me how many time frames in one direction indicate that the next time frame or series will be in the same direction?
thank you,
surfer