Category: Money tips Release Date: 2006-06-28
Triangle is an important order form, it usually appears in the way up or down. As a special case of this order form, right-angled triangle is relatively high accuracy of finishing, or even directly to a reverse pattern.
Moderator: Shanghai and Shenzhen cities of debt from the beginning by the end of December 2004, out of the wave of the center line of the stock market higher. Bond index is an almost straight line extension of the trend in August this year, the high point, and to the upper edge of the high point to start a period of one half of the triangle finishing, is currently facing the direction of choice. Some investors asked about the debt that continues to break up the probability of how much? In this issue, we invited Mr. Zhang Hongji to introduce this special order form.
Haidian District, Beijing shareholders Miss Ho: how accurate are the right triangle?
Zhang Q: triangle order form, according to the shape of convergence can be divided into symmetrical, up, down three kinds of forms. We're usually talking about right-angled triangle, accurately speaking should be called up or down triangle Caidui. If the upper edge of the triangle was the level of the state, the next along the upward-sloping, then this is the ascending triangle pattern; the other hand, is a descending triangle.
In general, the ascending triangle, once formed, will have 75% of the probability would choose to break up, down triangle is also the probability of selection is almost down; In addition, the right-angled triangle is not necessarily relay form, if it appears in the bottom or top of Quotes department, then tend to form inverted form of homeopathy, such as the 1997 soybean futures contract in May. Then in September, May soybeans at 3,000 yuan / ton to a high formation of a descending triangle which lasted a year, and the final choice a downward trend, the results of the subsequent soybean market has experienced a 5-year-long bear market.
Beijing Shijingshan District, Mr. Liu investors: How do I know whether it is moving in the direction of the intended break it?
Zhang mind: to determine the validity of a right triangle has two sides, namely a breakthrough when the volume; second breakthrough took place position. Generally speaking, the stock must have a volume up a breakthrough can be considered an effective co-ordination, but the decline of the volume of the co-ordination is not required. From the location point of view, is the triangle break only in the end from the point of origin to destination î—?î—?about 2 / 3 breakthrough occurred only effective or have significant breakthrough in the intensity, the share price if it run until the end of a breakthrough, which often do not break effective or a lack of intensity.
Beijing Fengtai District, shareholders Zhao: The state's index rose eight months later, at a high level rose to form a triangle, how to determine it is the reverse form of it, or relay?
Zhang note: This can be combined with the judgments I have just said means. First of all, from the breakout point of view, although the debt that has not yet formed a breakthrough, but the shape of this triangle finishing point of view, debt that has already gone through 2 / 3 of the distance, its effectiveness is questionable. Say the least, even if the afternoon Ruyuan break up the formation, and its intensity is also very limited. So I see it as a failed form of the afternoon's analysis needed in combination with other analytical methods.
