Posts Tagged ‘trend pattern’
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Pretty Close
alphatrends, November 24th, 2008 at 5:00 pm -
Stock Market Technical Analysis 10/13/08
alphatrends, October 13th, 2008 at 4:18 pmPost from THIS MORNING
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Fairly Common Pattern
alphatrends, October 13th, 2008 at 9:08 amof trading on a day like today looks like the crude drawing below. The market gaps higher, experiences a little shakeout, continues to rally and then churns midday. The midday churn sucks in a lot of short sellers, particularly on a 1-1:30 pullback below the daily VWAP. If the market rallies back [...]
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Brian Shannon is a full time trader (with 17 years of experience), educator and author of the highly regarded book Technical Analysis Using Multiple... More »
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