In Figure 15-10, we are looking at an ideal setup in the mini-sized
Dow contract. Take a look at the prior declines that are labeled in this
chart. They were 12, 10, and 9 points. These declines were then projected
from the 12704 swing high. When this support at the 12692–12695 area
was tested and held, the price was above the 34 EMA, and both the CCI
readings were above zero. An 18-point rally followed a low that was made
at 12695.