Thursday, March 29, 2007
Quantum Swing Trader -
Discover Where Stock Market Potential Becomes Reality
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Quantum Swing Trader - Trading Video
You're about to learn:
** What to do and how you can potentially profit when you find a
point in the market where it's about to "fly away" from where it's
at, and go in either direction - UP or DOWN...
** How to protect your profit with dynamic, ever-changing stop
orders so you maximize the delicate balance between risk and reward...
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You'll see recent trades for RYL, and a unique, day-by-day series of
trades with RRI that show you how a trader looks at the "hard
right edge" and knows EXACTLY what trading decisions to make, day after
day.
Watch, learn, and earn here:
Quantum Swing Trader - Trading Video
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Trading Ideas &
Picks
General Dynamics Corp - GD - Ascending
channel
GD:
Stock has been trading within the confined range of an ascending channel.
Directional Momentum indicators have recently created a signal that is
suggesting the bears are taking control of the momentum. This crossover will be
used by traders to signal the beginning of a new short-term downtrend...
Trading
Picks - Read More
Trading Ideas &
Picks
Swing
Trade of the Week
WYNN: Stock ended a nice MA uptrend with a crossover down and is now
coming off a countertrend move up to the Downtrending MAs. Look to establish a
short at 96.74 or higher...
Trading
Ideas - Read More
Trading Education
Tutorial
Courtesy of
Nirvana Systems
Volume Climax
Volume Helps
Identify Reversals
Various price patterns can alert us to potential reversal
candidates. Trendline Breaks, Support and Resistance Levels, Fibonacci Retracement
Levels and other price information are valuable in determining a change in
direction for a security. However, one of the most overlooked chart patterns
that help us determine reversals is not reflected in the price itself. Volume
climaxes are easily identifiable and valuable in assessing a change in market
sentiment.
Read More...
NASDAQ Chart of the Day
Courtesy
of Nirvana Systems
ANGO
got a big downside break through key support at 20.00 via a big breakaway gap
an increased volume, which is highly bearish. Look for more weakness from this
stock.
Daily Trading Signals
NYSE Chart of the Day
Courtesy
of Nirvana Systems
UIS
has built out a large head-and-shoulders pattern with an upward-sloping neck
line, which could be highly bearish. A break of the neck line at 8.00 could
spark heavy selling in this stock.
Daily Trading Signals
Daily Market Commentary
Courtesy of
Nirvana Systems
Updated Wednesday, 3/28 for Thursday's market.
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Key DOW Levels for 3/28
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UP
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Above 12,525
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DN
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Below 12,250
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Drop & Hold...
- Dow sells off early, holds near lows in repeat of yesterday's
action. The index basically resembled that of yesterday's session, with each
day beginning with a decline and ending with a consolidation. Watch today's
consolidaton for tomorrow's activity.
- The NASDAQ and S&P each took a big decline at the Open, followed by
sideways-to-down movement the rest of the day. Look for more bearish movement
beneath the key fulcrum levels.
Summary
The Dow closed the day near the lows of the session after trading basically
sideways after the morning decline. The index is now holding beneath the 12,350
fulcrum, which indicates we could be headed lower tomorrow. Watch this zone for
key direction tomorrow.
Read More...
