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ginniemae
Posted : Saturday, July 16, 2005 1:36:41 PM
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Joined: 10/25/2004
Posts: 15
 In the Worden Report dated July 15,2005 the writer described his system using a fan which is comprised of multiple moving averages. Where can I get a definition of what a fan actually is and what it should look like when the price is poised to make a move?
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Craig_S
Posted : Saturday, July 16, 2005 2:02:52 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 There is really no definition for a "fan". He was referring to what having all of those different moving averages on the chart looks like.

If you add all of the moving averages he talks about in the report and look at the examples he mentions you should see this "fan" effect. It is visual and easy... but not really something that is defined.
- Craig
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