Triple Confirmation
All three indexes must confirm the break above the highs of the last completed secondary reaction. A buy signal requires the S&P to break above the highs of the last completed secondary reaction. The industrials must confirm the breakout f…
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All three indexes must confirm the break above the highs of the last completed secondary reaction. A buy signal requires the S&P to break above the highs of the last completed secondary reaction. The industrials must confirm the breakout for the alternative buy signal. The transportation index must also confirm the breakout for the alternative buy signal.