RE:RE:RE:RE:RE:poetry in motionallenbow, spot on Brother. There is a whole world of Artifical Intelligennce out there at work that we are trading against if we don't understand it. For those who seem to be so focused on Chart Patterns alone and assume that is what TA is all about I have to ask if you know anything about any of the following below, if you don't then I would advise you to completely ignore chart patterns because they alone are NOT Technical Analysis. Also Technical Analysis HAS to be use in conjunciton with the Fundamentals
Directional Momentum Index
LBR 3-10 indicator
Aroon Indicator
Commodity Channel Index
Stochastics
MACD
Relative Strength
Rate of Change
Vortex Indicator
Chakin Money Flow
Money Flow Index
Accumulation Distribution indicator
Keltner Channels
Bollinger bands
Money Flow Index
Parabolic SAR
Deviation from the Mean
Revision to the Mean
Pivot Points
Cycles
And the list goes on and on and on.