Firing Hard at this Triple Bottom in Brach Zone
Firing consistent barrels at these Brach Zone lows. Traders should have a cash flow source, and I am using mine.
http://www.trading-naked.com/BrachZone.htm
Double bottom/Triple bottom whatever you want to call it the Risk/Reward is incredible here. Risk 45 SPX points to gain 300. If this Livermore cylinder accumulation pattern holds, by springtime next year the SPX will be 300 points higher.
http://chartblog.blogspot.com/2011/08/livermores-speculative-cycle-cylinder.html
I'm not too worried about short term Gann swings here, meat of a strong January effect/2012 Spring trend is timeframe I am trading. I am saving one last 'emergency powder' cannon shot to fire on a Gann swing low due to arrive October 27 - November 9 +/-
http://www.trading-naked.com/BrachZone.htm
Double bottom/Triple bottom whatever you want to call it the Risk/Reward is incredible here. Risk 45 SPX points to gain 300. If this Livermore cylinder accumulation pattern holds, by springtime next year the SPX will be 300 points higher.
http://chartblog.blogspot.com/2011/08/livermores-speculative-cycle-cylinder.html
I'm not too worried about short term Gann swings here, meat of a strong January effect/2012 Spring trend is timeframe I am trading. I am saving one last 'emergency powder' cannon shot to fire on a Gann swing low due to arrive October 27 - November 9 +/-
posted by chartblog at
3:18 PM
1 Comments:
Hi Dave<
"aggressively accumulating stocks on a daily and weekly basis"
Which stocks, sectors, and/or country indices do you think are the better candidates for potential accumulation at this time?
TIA
FWIW:
"A Market in the Twilight Zone"
http://online.barrons.com/article/SB50001424052702303741704576580920287505758.html
mystery broker: "Aug. 8 market lows are unlikely to hold. But he figures a crowd-confounding rally will ensue to take the S&P back above 1300 by year's end."
Post a Comment
Subscribe to Post Comments [Atom]
<< Home