Charts to Study

Radar/Study – JCI

June 7, 2011

Radar/Study – JCI at neckline:

Textbook Distribution Patterns

June 3, 2011

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

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

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

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

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


Followup/Study – GLW

April 27, 2011

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

Study – IBM

April 18, 2011

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

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 -