One very reliable pattern showed up today (Jun 13, 2011) in Emini S&P that worths a more detailed explanation.
The Setup
Market down more than 2 to 3 percent from previous month ...
Part of Art of Chart Reading
People often talks about the head and shoulders formation. I have seen many websites showcasing charts after charts that are NOT head and shoulders at ...
Most people like to learn ways to predict when Trend Sell Weeks are going to happen. The surprising fact is that the week after a trend sell week has predictable ...
Easy Top is a chart pattern on Emini S&P RTH 5-minute that works well as a scalping setup. It is also a strong entry for other intraday trading styles. I ...
Part of Art of Chart Reading
Pockets have a very special position within the core set of chart patterns. Unlike any other chart patterns, pockets are not defined by what is ...
Part of Art of Chart Reading
Summary Wyckoff Up Thrust (a.k.a. Wyckoff thrust, w. thrust) is a terminal pattern for an uptrend. It is not a type of false breakout. ...
Part of Art of Chart Reading
Traders often focus on how accurate certain chart patterns are and how much money you can make from using the patterns. The more experienced ones ...
Part of Art of Chart Reading The basic types of price movements are just contraction and expansion. It is similar to how we breathe. It cannot be simpler. ...
SPY Locked In Stair Step Up Pattern Since Beginning of 2013
The blue boxes below is defined by the range of January 2013.
Nothing magical. STOPD at work.
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