Wednesday, March 14, 2007
Quantum Swing Trader - Discover Where Stock
Market Potential Becomes Reality
If you
had a stock trading method that let you discover when a stock was about to make
a massive move UP or DOWN, and then showed you, step-by-step, how
to take advantage of that move to potentially pull profits out of the
markets... would you be interested?
The "sweet spot" of Quantum Swing Trader is that it shows you
how to take just a few common indicators, but use them in an uncommon way to
"pinpoint" the spot in any stock where it has a high probability of
making a massive move UP or DOWN, but not stay the same.
* Quantum Swing Trader - Limited Edition*
Technical Indicators
Demarker Indicator
Developed by Tom Demarker, the Demarker Indicator is an oscillator
which identifies risk areas for buying and selling. It is an attempt to
overcome the shortcomings of classical overbought / oversold indicators, making
price comparisons from one bar to the next and measuring the level of price
demand.
It is similar to the Demarker Range Expansion Index in that it identifies price
exhaustion that normally correspond with tops and bottoms. The x-axis ranges
from -100 to 100. Look for rises above 60 to indicate low risk and look for
areas below 40 to indicate high risk...
Read More...
Trading Education
Tutorial
Courtesy of
Nirvana Systems
Triangles
Tightening Price
Action Leads to a Breakout
There are various forms of consolidation and they occur anytime
there is an equilibrium of buyers and sellers. One of the most predictive
consolidation formations is the triangle.
Read More...
NASDAQ Chart of the Day
Courtesy
of Nirvana Systems
WOOF
has built out a clear head-and-shoulders pattern after forming an island
reversal pattern earlier in the month. Look for a big break through the neck
line of the pattern at 35.25 for more selling ahead.
Daily Trading Signals
NYSE Chart of the Day
Courtesy
of Nirvana Systems
WGO
is breaking key support at 31.10, which could offer much more selling ahead.
Daily Trading Signals
Daily Market Commentary
Courtesy of
Nirvana Systems
Updated Tuesday, 3/13 for Wednesday's market.
|
Key DOW Levels for 3/14
|
|
UP
|
Above None
|
|
DN
|
Below 12,025
|
Steady Decline...
- Dow breaks early support, drops steadily to the Close. The index
eventually closed at the session's lows with a huge 243 point loss and is now
approaching critical support at 12,040, which will likely be tested soon.
- The NASDAQ and S&P each sold off heavily throughout the session and are
now approaching key lows. Watch these support levels tomorrow.
Summary
The Dow closed the day at the session's lows and is now approaching critical
support at 12,040, which is a huge 'line in the sand'. Watch this zone closely,
as the index tests ahead of the next directional move.
Read More...
