Quote:
Originally Posted by tznef
All these techniques are nice, but there is no one in the world that can know exactly when or where the market will reverse. Especially when you talk about years...
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To be honest, you cannot imagine how how accurate Cranes system is.
but his system is not about finding the reversal day, but potential days for the market to reverse. As Crane says in his book ,
"a reversal day does not mean the market will turn, it could go sideways, or continue in the same direction."
If you keep that in mind you will find days that the market will trend, Days ,weeks even months in advance. But if you know what day this will happen, you will also find that some news report is going to be released on that day, this will also narrow the time for your entry
Wouldn't be nice to be prepared a few days in advance for a move like in the picture