Patent ID: 8280802

Claim:
A computerized system for alerting a change in direction of the price of a tradable financial instrument at a critical point in time prior to the actual time at which the change occurs, the computerized system comprising: a computer for plotting: (i) a resistance line for the price of the tradable financial instrument, wherein resistance points on the resistance line are calculated sequentially as the lowest averaged values of a series of critical prices for a particular time period, wherein the critical prices comprise the highest price, the lowest price, and the closing price of the tradable instrument for that particular time period; (ii) a support line for the price of a tradable instrument, wherein support points on the support line are calculated sequentially as the highest averaged values of a series of critical prices for a particular time period, wherein the critical prices comprise the highest price, the lowest price, and the closing price of the tradable instrument for that particular time period; (iii) a transition point at which the price of the tradable instrument is predicted as being in either an upward trend or a downward trend; wherein said transition point is calculated as a price point at which the price of the tradable instrument is either higher or lower than both a corresponding resistance point on said resistance line and a corresponding support point on said support line.