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RE: Modeling STEEM - Lines Of Force Model Confirmed
UPDATE 2:
The model is confirmed. The EXIT indicated the precise point in time price would be at this level. I have seen this phenomenon occur in nearly every Fall Channel model I've attempted, as long as the channel is properly drawn.
Note that this model tells us NOTHING about price before or after that point. It is not 'predicting' anything at this point.
Very cool... Nice job. This type of stuff is pretty damn interesting.
This is the model I have been watching all week.