atlus1432

atlus1432

Similar to a traditional "cup and handle" but with a twist and very specific rules. Combined with some GREAT tools provided by fellow traders (programmers) it is my personal favorite setup. The RSI divergence in the 2nd panel below is arguably the BEST oscillator for divergence analysis I have seen in my 18 years of trading. You can see it worked perfectly (short...

atlus1432

almost a perfect .618 retracement good symmetry pullback support is aligning with the previous breakout rally back on April 29 time will tell but I like the risk/reward here

atlus1432

Harmonic time lines are "lining up" colors are fashioned after traffic lights Green= largest and 1st swing (buy setup) Yellow =medium 2nd swing (buy setup) Red = where the potential "bounce" higher should begin to lose momentum (profit taking window of time - red vertical line labelled #2 along the bottom of the chart) - this is a 5 min pattern remember but...

atlus1432

Since October 31st (Halloween) up until yesterday November 13 there have been 13 days of which 10 of them were trading days. Since that time the market has been GRINDING higher. If you are a buy and hold type investor/trader then no harm no foul. However if you are a SWING trader you may feel like you missed out. Actually no you haven't. Sure the SPY has climbed...

atlus1432

Using the symbol S5TH (SP-500 components ABOVE the 20 period moving average) I found something interesting on the 30 minute interval. Since Sept.4 where the SPY (SP-500 ETF * top half of the chart) was pretty much near its peak, through the precipitous drop (I heard a funny metaphor for that - the market had a "Wile .E. Coyote" moment - LOL) and now, back to...