harmonic analysis
- n analysis of a periodic function into a sum of simple sinusoidal components
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- SPX forming third of four harmonic legs
Recently I posted a harmonic analysis on SPX which showed the monthly perspective testing a bearish PRZ (Potential Reversal Zone, aka a region or zone where a harmonic pattern completes) and a daily perspective of price attempting to form the second of four legs for a new harmonic pattern. This particular harmonic pattern has a completion target at 1520.17, thus putting the monthly ideal ...
Feb. 12, 2014 - MrTopStep.com via Yahoo! Finance