Signs a High is Near

Response to a comment question posted on Oct. 2.

Some signs a high is near:

- highs begin to break by a lesser degree than before... for instance if it breaks by 15 cents, then by 8 cents and then by 2 cents, one can expect a reversal as likely

- if there have been three waves of buying whereby the two pullbacks between the upside moves are comparable in terms of time development

- if volume was strong on the buying initially, but is now dropping with each new high

- if the momentum is slowing with each upside move... such as one move taking 30 minutes to move 10 ticks, then it take another 30 minutes to move up only 6 ticks, etc...