There are quite a number of patterns that work around the weekly STOPD price levels giving us a solid edge. This one is a classic bearish continuation setup. Net ...
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
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 ...
Part of Art of Chart Reading Summary Spike and ledge is a terminal pattern that happens more often in indices and post news shock environment. The concept is ...
Part of Art of Chart Reading
Channels is an interesting structural behaviour with non-random price movements. With purely random generated data series, channels rarely show up. It is one of the ...
Part of Art of Chart Reading
Summary Three Pushes is one of the more reliable chart patterns that work very well across almost all financial instruments. The pattern is easily ...
Part of Art of Chart Reading
Summary Measured move is a name given to a highly structured price movement that consists of 2 swings in the same direction with a ...
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 ...
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.
Share