Olive Drab Regression

I figured out what MareWick was keep on showing with his ABC projections forward. It was baffling at first why think in a corrective structure when you are fishing for an impulse move.

Yes, I have been using the Measuring Leg – Divergent leg (also Push / Echo) as a cornerstone for a long time as you may know.

Of course, I have more answers yet again, more intimate with the works thanks to all I do.

Olive Drab Encounter 1 & 2 example (added arrows, the routine is the Bouncer, see blog entry):

I said two things could turn price direction, the money flow droop and the final divergence. I know now that there’s a third thing, the title.

In this example the Olive Drab Regression sort of coincided with a money flow droop.

But the following one walked alone:

I knew I was keeping track of regressions for a reason.

Currently there is no regression print, a money flow droop or a final divergence to call a change of direction.


Steady performance from Stive.