| allis7040 - 7/14/2017 11:30 How do you know if energy is expended or building. I think my question is more of a confidence of what I see. Example would be in the daily over the last 3 years those spikes I see as energy spent, but monthly I see it as building. Is there other than after the fact a way to be more confident in my way of thinking. Hope this makes sense? Putting my thoughts down on paper not a strong point Hi allis, They are always doing both. Think of a Newton's Cradle as that pendulum swings back and forth. At anytime when it is in motion it is releasing stored energy, but also storing energy. Price is no more than a series of pendulums at work. All trying to work inside of the next larger one. Most times they get their swing to one side done before the bigger pendulum runs into it. But in the cases where it collides with the energy of a larger one, failures occur. And we know that failures cause the biggest move - because the bigger pendulum's energy has been accessed before the smaller swing should have terminated. In the case of price, traders are wrong and gotta scramble to cover,..making the inconceivable - conceivable. Take Care |
Jp if you got time.
