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TFC Commodity Trading Forum

Re: $SPX Going the way of crude oil? Wyatt

The W doesn't show on your 4-Hour chart. Look on the daily chart. W- subtract the low from the high on the left side of the w. Add this difference back to the high on the left side of the w. This will give you a measured high. Find you some W's on different markets and check it out. Hope this helps.
Thank you.