Hadik's Cycle Progression

TTRLIn Tech TipsThink of cycles as unfolding in the following 8-count explanation of Hadik’s Cycle Progression™… Low-Low (0 — (2) wave low) Low-Low ( (2) — 2 of (2) low Low-High (2 low — (3) high) High-High (3) high — (5) high) High-High (5) high — B high) High-High (B high — 2 of C high) High-Low (2 of C high — 3 of C low) Low-Low (3 of C…


Turn-Key Reversal

TTRLIn Tech TipsThe Turn-Key Reversal is different from a Double Key Reversal in that it is a key reversal reversing a key reversal that has reversed a previous key reversal (up-down-up or down-up-down). Assume an uptrend and an initial downward reversal for the current discussion. Crucial Turns The Turn-Key Reversal carries much more weight if the fourth day also closes below (above) the third…


Double Key Reversal

TTRLIn Tech TipsThe Double Key is a pattern that appears commonly in the S+P – at significant turning points. One occurrence appeared in the S+P, two weeks before the early-August 1997 high (and the largest correction in over 7 years that followed this pattern). Another example occurred in early-1997, in the Silver market, and identified a critical low in mid-January. Double the strength A…


2-Step Reversal

TTRLIn Tech TipsThere are several price patterns to which I pay special attention when they arise. Some of them, like the 2 Close Reversal, are pretty common and provide useful guidance at any point in time. Others appear with far less frequency but are extremely effective when they do. A patient trader, or one who is only looking to trade a few times a year, might choose to simply wait for this…


2 Close Reversal

TTRLIn Tech TipsThe 2 Close Reversal is a type of key reversal. The primary difference is the confirmation point provided by the second close prior. A key reversal (Figures 1 + 2) is the most basic of reversal patterns and involves a market trading higher than the previous day’s high (intraday) and then closing below the close of the previous day OR trading below the low of the previous…