Trend Factors
Once the market has moved up approximately 1.0556 in price from a low, a
reference high is identified. Place the study cross-reference on that high or high
day's close. The Trend Factor Indicator projects down to the support area of
.9444, as well as secondary levels. Conversely, once a market has moved down to
approximately .9444 in price from a high, a reference low is identified.
Place the study cross-reference on that low or low day's close. The Trend Factor
Indicator will project up to the resistance area of 1.0556, as well as secondary
levels.
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