SwingTimer Indicator--WHY?               Page: c


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Below we see that the guess-timate that was made did indeed have a significant amount of validity.

You will note the path that prices followed from the last picture where we were just anticipating a reversal -- now it did occur.

SWT_WhySWT003.gif (11779 bytes)

This approach to detection of NEXT market turning points is one of the strongest (if not the strongest) methods ever developed to give us some insight into where the market for a particular index, stock, futures,..... may move. 

The beauty of this method is that IT IS PARTICULAR TO THE DATA SET THAT YOU ARE ANALYZING -- it is NOT some generalized concept that may or may not be appropriate to the market you are interested in at the time of analysis.  This method extracts information from the history you are interested in and extrapolates into the present and near future for your contemplation.

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