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Combo on the $DJIA chart above mimics the
Combo indicator also by Tom DeMark. A
variant of Sequential, it also takes a
stab at predicting market turning points.
The red arrow at the May top marks a
completed '13' countdown to a Top.
Consider using this indicator alone or
along with Sequential as a filter or a
confirmation tool on weekly and monthly
charts. Use GRAFster v6½ to confirm
these signals and find others like them.
Sequential and Combo have been giving
some pretty good signals for the past
2-years, particularly with weekly and
monthly charts. Keep in mind that these
tools are offered on the premium
quote/charting platforms used by many
trading firms - you know, where the
'Masters of the Universe' work. They pay
plenty for them too.
Note: The
data used for many of these example charts
came from MSN Money via GimmeFreeData.
These indicators rely on Open, High, Low,
and Close values, so missing or incorrect
price data influence the counts.
theGRAFster.com gets comments like 'Well,
humph, it doesn't work as well as has been
hyped' or 'You show only the good signals'
or 'They're not the real DeMark Sequential
and Combo', and so on. Well, read a recent
DeMark text (or look at the GRAFster6 Help
file), draw some charts and go thru the
procedure step by step. Knowing how to
count is the only math skill needed for
this. Make your own conclusion. Many of us
believe It pays to work with this stuff -
it is considered the best that's been
revealed to the public so far. Try GRAFster
v6½ and see for yourself.
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