its not predictive which is where I think some of
Post# of 148112
Quote:
its not predictive which is where I think some of the confusion is. It does let me know when trend changes or where I can expect levels of resistance or support .Helps me to identify potential tops or bottoms
So it's not predictive of whether a stock will go up or down. But it is predictive of where a stock going up or down will stop going up or down.... which means it is predictive. Or kinda predictive.