Thursday, March 15, 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*
Trading Ideas &
Picks
Swing
Trade of the Week
IBM:
Stock ended a nice MA uptrend with a crossover down and is now on a
countertrend move up to the Downtrending MAs. Look to go short at 94.89 or
higher to take advantage of this rally in overall downtrend...
Trading
Ideas - Read More
Trading Ideas &
Picks
Ambac Financial Group - ABK - Rising
wedge formation
ABK:
The stock has been trading within a long-term rising wedge formation, moved
below the support of the ascending trendline on very heavy volume. Watch for a
move back toward breakdown low near $83.50...
Trading
Picks - Read More
Trading Education
Tutorial
Courtesy of
Nirvana Systems
Consolidations
Sideways
Movement Gives Indication of Future Price Direction
A consolidation is a place where buyers and sellers are very
closely matched in numbers. As the battle ensues, others notice that the market
is consolidating, and begin considering to get on board. As soon as a break
from the consolidation occurs, the latent buyers or sellers usually begin
taking positions.
Read
More...
NASDAQ Chart of the Day
Courtesy
of Nirvana Systems
GNSS
is breaking a clear upper trend line to the upside via a solid breakout. Watch
for more strength above this zone.
Daily Trading Signals
NYSE Chart of the Day
Courtesy
of Nirvana Systems
KWK
is winding up within a large triangle pattern that could offer a solid breakout
opportunity. Watch 40.00 up, and 36.50 down.
Daily Trading Signals
Daily Market Commentary
Courtesy of
Nirvana Systems
Updated Wednesday, 3/14 for Thursday's market.
|
Key DOW Levels for 3/15
|
|
UP
|
Above 12,350
|
|
DN
|
Below 11,095
|
V-Bottom Rally...
- Dow breaks critical support, but rallies after reversing sharply
from lows. The index dropped an additional 100 points for a total of 135 points
of losses before rallying 200 points to the Close for a 57 point gain. Today's
late-day rally puts a wrinkle in direction, but offers an option of potential
strength ahead.
- The NASDAQ and S&P each reversed from key lows this morning, as the
NASDAQ held critical lows to the 'T'. Look for more near-term strength above
this support.
Summary
The Dow got a huge upside reversal from lows after dipping below the 12,000
zone for the first time this year. The index is now back above 12,100 and could
continue to build toward its next key move.
Read More..
