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66 4146 4678 4017 3B33 3772 3711 Tl 3658 /.K= 22 XD= 22 D=0810 0=3741 H=3749 L=3734 C=3?41 Figure 48 The weekly oscillator rennains flat until 0811, when sure enough, prices drop down and test close to the major low. The daily oscillator has drifted into oversold and then bounces the same day that prices do. At that point, the weekly oscillator turns down. If it stays down, Ill wait for a correction and then go short again. Perhaps prices will take out the major low.
Trading By Tlie Boole - Part IV 53 yJ)= 53 D=8818 0=3748 H--3753 L=37Z3 C--3739 Figure 49 The weekly oscillator stays flat until 0818, at which point it turns up. If the daily oscillator goes to oversold and the weekly oscillator stays up, I will enter a long position. Right now, it looks nnore like a congestion is building than anything else.
4128 4888 3948 3B88 3828 376B 3708 3640 STOC 5 3 1 Figure 50 Prices do congest until 0824. The weekly oscillator is flat frorn 0821 to 0825. On that day, prices gap down causing the weekly oscillator to also turn down. However, the daily oscillator is already oversold, so i will have to wait for a correction.
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