Thursday, October 1, 2009

Symmetry in the Market as in the Arts

Mathematical & Artistic Principles are Demonstrated Daily in the Market
Trade Page - Oct. 1 - Trending day to the downside. UVol/DVol is the King (center frame). ADs (left frame) are the Queen. Note the orderly progression of the market as the session moved along.
5 Day, 15 min. - Oct. 1 - Important action of the day was that support was broken to the downside. This suggests that the probability is for the market to move down another leg.
20 Day, 2 Hour - Oct. 1 - Penetration of support is demonstrated on this 20 Day chart. It is important to view the market in all time frames for an overall perspective.