Tony Beckwith
04-21-2009, 05:13 AM
This chart of Chinese giant Wuhan Iron & Steel [Shanghai, 600005] is a perfect example of how simple it is to find resistance (or support) areas for markets using MTPredictor v6.0.
Using the powerful Elliott Waves module, MTP finds 3 separate resistance zones for Wuhan - all clustered together ...
Also, our automatic High Volume Spike warning indicator flashes red at the top ...
As we always say, the Elliott Waves module is under the Advanced Chart Analysis tab in v6.0 but really this is SO SIMPLE !!!
Tony
Using the powerful Elliott Waves module, MTP finds 3 separate resistance zones for Wuhan - all clustered together ...
Also, our automatic High Volume Spike warning indicator flashes red at the top ...
As we always say, the Elliott Waves module is under the Advanced Chart Analysis tab in v6.0 but really this is SO SIMPLE !!!
Tony