A hook out of intense is where the CCI goes outside the 200 /- level and then turns around. The higher the amount; the better. It is not strange to see a reading of 350 . Should you research any of Woodie's Dr. Bob's work on that, you'll see that it is one of their favourite trading set ups.Originally Posted by ;
Although nothing is foolproof in trading set ups, the Hook from Extreme is one of the best ones.