初始之前先上图telegram 文爱

图片

Source: “The Anatomy of a Trading Range” by Jim Forte CMT， Market Technicians’Association Journal， Issue 19， 1994

Phase C

In Phase C， the stock goes through a testing process. The stock may begin to come out of the TR on the upside with higher tops and bottoms or it may go through a downside spring or shakeout， breaking previous supports. This latter test is preferred， given that it does a better job of cleaning out remaining supply from weak holders and creates a false impression as to the direction of the ultimate move. Schematic 1 shows us an example of this latter alternative.

【译文】在阶段C，股票要资格一个测试经过。股票可能取舍进取蹧蹋区间顶部产生更高高点或者向下蹧蹋区间底部撑握。昭彰后一种测试更为可取。因为它能让东谈主对股价翌日走势产生误判，更好地算帐来自弱手（散户）握有的剩余筹码。暗示图1向咱们展示了后一种取舍。

A spring is a price move below the support level of a trading range that quickly reverses and moves back into the range. A spring is an example of a “bear trap” because the drop below support appears to signal resumption of the downtrend. In reality， though， the drop marks the end of the downtrend， thus “trapping” the late sellers， or bears. The extent of supply， or the strength of the sellers， can be judged by the depth of the price move to new lows and the relative level of volume on that penetration.

【译文】弹簧（Spring）是指价钱跌破往复区间的撑握位后又速即回转并回到该区间。弹簧是“熊市罗网”的标准，因为股价跌破关节撑握位似乎预示着个股参加下落趋势。干系词，在本质中，在这类下落象征着下落趋势的拆伙，从而“困住”了自后的卖家或空头。阶段C供应的进度，不错通过成交量和k线价差概括评判。

【补充：弹簧的模式连续成交量如故有细分的，后续作念个专题补充讲】

Until this testing process， we cannot be sure the TR is accumulation and must wait to take a position until there is sufficient evidence that mark-up is about to begin. If we have waited and followed the unfolding TR closely， we have arrived at the point where we can be quite confident of the probable upward move.

【译文】在这个测试经过之前，咱们不行笃定往复区间是吸筹的，况兼必须比及有饱胀的把柄标明行将初始飞腾时本领笃定。若是咱们还是恭候并密切跟踪，那么咱们必须找到咱们对可能的股价飞腾相配有信心的关节把柄。

The shakeout at point 8 on our Schematic 1 represents our first prescribed place to initiate a long position. The secondary test at point 10 is better， since a low volume pullback and a specific low risk stop or danger point at point 8 gives us greater evidence and more confidence to act. A sign of strength (SOS) here will bring us into Phase D.

【译文】图表1上第8点（原文写错了，应该是第7点） 的震仓给咱们提供了一个入场的位置，在这个位置咱们不错初始始终头寸。在第10点（ 原文写错了，应该是第8点）基于弹簧的二次测试（ST）更好，因为低量回测第8点（ 原文写错了，应该是第7点）呈现了低风险，给咱们更多的把柄和更大的信心选拔活动。一个强势信号（SOS）将把咱们带入D阶段。

老外写著作也有浮松的时代啊，这段彰着点数写错了，自行立异。

【刺目：（本段讲的是区间内弹簧以偏激二次测试，还有其他多种体式，上文说了后续作念专题补充】

【在缠论中不同级别核心出核心区间的一笔telegram 文爱，回首其起源频频呈现无数的震仓，止境是在一买、类二买中，不同级别皆延续看到震仓的身影。你刺目不雅察，精心体会，会发现好多时代大概互相印证，妙哉!】