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David Elliott – MAP (Moving Average Patterns)
http://www.imgplace.com/img24/4270/87map.gif
Predictable price behaviors occur around the four major moving averages.
On May 26th, 1896 Charles Dow introduced the industrial average, the Dow Jones 30. Since then there has been a repeatable and predictable price behavior pattern around the four major moving averages and this index. We do away with moving average crossovers, and switch to using a behavioral price pattern to find entry and exit prices, while investing in stock, futures, and indexes on all time periods.
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