Wednesday, June 13, 2007
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Special Exit strategy Webinar enrollment
On June 19th, Tuesday, at 9pm
Eastern time, there's an invite-only, special Web-seminar (or
"webinar") where a closely-guarded exit strategy will be revealed
in full detail to the public for the first time!
This exit strategy is a cornerstone
of one of the most popular trading courses to hit the trading community in
the past year (it sold out 5 times).
So on June 19th, the author of that
course will be taking all the attendees through this strategy, step by
step.
All the details are here:
Quantum Swing Trader - Webinar enrollment
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Not only that, he's giving away a trading blueprint that will be filled out
interactively during the webinar so that by the end, you'll hold in your
hands an actionable 'cheat sheet' that you can use to apply this exit
strategy to all of your trades.
** And that has the potential to
help you push as much profit out of every one of your trades as possible.
So enroll today and get your
private sign in link, along with your 'cheat sheet' blueprint and get ready
for a potential profit-boosting webinar.
Grab your seat here:
Quantum Swing Trader - Webinar enrollment
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Technical Indicators
Percentage Volume
Oscillator (PVO)
Ihe Percentage Volume Oscillator (PVO) is the percentage
difference between two moving averages of volume. Because of its formula, the
PVO has a maximum value of +100, but no minimum value. The absolute value is
not as important as the direction or the crosses above and below the zero line.
The PVO can be used to identify periods of expanding or contracting volume in
three different ways:
· Centerline Crossovers:
· Directional Movement:
· Moving average crossovers:
Movements in the PVO are completely separate from price movements. As such,
movements in PVO can correlated with price movements to assess the degree of
buying or selling pressure. Advances combined with strength in the PVO would be
considered strong. Should the PVO decline while a security's price fell, it
would indicate decreasing volume on the decline.
Read More...
Trading Education
Tutorial
Courtesy of
Nirvana Systems
Island Reversals
Stand Alone Formation Speaks Volumes
Reversals tend to occur slowly, with securities forming double
bottoms, higher lows, head and shoulders patterns, etc. before starting a new
trend. However, sometimes we see a dramatic reversal immediately, and one of
the best indications of these types of reversals is Island Tops and Bottoms.
Read
More...
NASDAQ Chart of the Day
Courtesy
of Nirvana Systems
NBIX
has pulled back nicely from lows after dropping sharply from April highs. The
stock has now pulled back to 62% of the prior move and could be ready to head
back down soon. Watch the 13.20 zone as a level for reaction.
Daily Trading Signals
NYSE Chart of the Day
Courtesy
of Nirvana Systems
AOI
has trended steadily higher since last Fall, but is now encountering triple-top
resistance at 10.50, which could offer a sizeable retracement. Watch this zone
for a breakout or reversal for the next key move.
Daily Trading Signals
Daily Market Commentary
Courtesy of
Nirvana Systems
Updated Tuesday, 6/12 for Wednesday's market.
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Key DOW Levels for 6/13
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UP
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Above 13,500
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DN
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Below 13,250
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Another Late-Day Sell-Off...
- Dow reverses from mid-day highs, drops hard to the Close. After
topping out at 13,450, the index proceeded to drop 155 points to the Close,
clocking a 130 point loss for the day.
- The NASDAQ and S&P each sold off late in the day and are now challenging
the bottom of bearish consolidations.
Summary
The Dow ended the day at the session's lows after tumbling over 150 points to
the Close. The index remains above critical support at 13,200, but this level
could soon be tested.
Read More...
