Written by:
Patrick Mikula CTA
Mikula Forecasting Company
www.MikulaForecasting.com
support@MikulaForecasting.com
Copyright © 2009 by Patrick Mikula All Rights Reserved
The MarketWarrior indicator named the Million Dollar Pivot Finder (MDPF) will find a situation where the market has over extended too high or too low. The chart below shows a 60 minute chart for coffee. On this chart the MDPF has found 4 points where the coffee market over extended upward. When this occurs it indicates the coffee market will make a top soon so you should look for an opportunity to sell short.
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