Charts to Study

Radar/Study – JCI

June 7, 2011
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Radar/Study – JCI at neckline:

Textbook Distribution Patterns

June 3, 2011
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A few textbook head and shoulders distribution patterns to study/watch for break below neckline – ETN & JCI:

ETN Daily

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Muliple Time Frames – JPM/KLAC/UNH

May 27, 2011
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A few examples of trades based on multiple time frames:

JPM…  Daily Chart – notice breakout from 3-day reversal pattern/200d setup.  Intraday Chart – notice symentrical triangle.

KLAC…  Daily Chart – notice textbook 200-day basing pattern.  Intraday Chart – notice base breakout.

UNH…  Daily Chart – notice three-day reversal pattern off 50-day/yumyum setup.  Intraday Chart – great example of using OGF (opening gap fill) and e-mini trend.

JPM 4-Min, Daily, & E-mini 3-Min

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Trading Example – AEP/SBUX

May 24, 2011
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AEP and Starbucks were good examples of taking advantage of both relative strength/weakness and gap fills in these current market conditions.  This also allows you to remain market neutral while taking trading these setups:

AEP – bought .51/49 – sold some .58

SBUX – shorted .51/.52/.53 – bought some back .40

AEP Daily

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Study/Radar – BTU, CAM, CINF, FTI, KMX

May 17, 2011
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Study/Radar – BTU.  Note study points below.  Look for setup on intraday chart.  NOTE: Other S&P500 stocks with similar 200day patterns – CAM, CINF, FTI, KMX:

1. 5 wave advance
2. ABC correction
3. 38% correction for waves 1-5
4. ABC correction into area of previous wave 4
5. Pullback to 200D
6. OBOS oversold and turning up
7. Correction holding above previous Intermediate Term High

BTU Daily

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UNG Review Video

April 28, 2011
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Click on link below for quick video review of recent UNG breakout from descending triangle:

 

Followup/Study – GLW

April 27, 2011
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Notice where GLW got to.  Perfect example of wave five exhaustion into resistance.   Watch video from last week on GLW and Elliott Waves in different time frames here

Radar – GLW Wave 5 Entry Setup

April 21, 2011
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Study – IBM

April 18, 2011
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Study – IBM breakout and ATR buy signal could be lead/signal for markets.  Note: Earnings Tuesday, April 19th after close.

Followup: VHC

April 13, 2011
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VHC now into 3rd day of correction and into major support area; previous Long Term High, and50% Ret of major range. STUDY price action around ATR on 13 min chart.

Quick Reference Videos

Click on links below for an Introduction to Dan's Mentoring Group and a Recent Advance Class Meeting -

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