Recent content by thechartpatterntrader

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    Ready For Takeoff ?????

    9/12/07 There was a pioneer aviator named Clovis Chapman. He was one of the first men to attempt a solo flight around the world. During his journey, after a brief stop in Fremont, California, he heard the sound of gnawing directly behind him. Clovis realized that a rat was in the cockpit...
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    Will Bernanke Slay the 3 Headed Dragon

    8/30 Today's swings back and forth made me sea sick. The bulls and bears continue to fight it out. The market movement today added no clues as to long term direction. However, investor's are going to keep their ears to the wall tomorrow, when Fed Chair Ben Bernanke gives his speech. I am sure...
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    Time to reset oscillators on the C Fund

    TSP Brothers and Sisters, The C Fund is broke out of the a Falling Wedge pattern on the 60 minute chart, which is the SP 500 chart. Now I think we may back test that breakout as the 60 minute chart needs a chance to reset. The Daily chart just had a MACD breakout that may give us a bounce back...
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    A short term recovery or a change in trend, that is the question?

    8/21 Commentary: The RSI (the Relative Strength Index) on most of the indices appears to be forming simple positive divergence. Now I want to be clear what that means. First, it is impossible to form positive divergence unless you are in a down trend. Most investors believe simple positive...
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    s fund on the rebound

    8/18 Commentary: The Fed does a 180 degree turn. The Fed held a conference call on Thursday, as New York Fed President Timothy Geithner and Fed vice Chairman Donald Kohn led the march for the Fed to consider an about face. The posted results from the Fed meeting August 7, were unfavorable...
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    The Dow could allow the market to get a short term bounce

    8/5 Commentary: The 60 minute charts continue to bat 1000. We stated that a selloff would occur, back to form a right shoulder, in a Head & Shoulders pattern in the 15 minute timeframe. The move went slightly lower than anticipated but was contained above the prevous minor low of 13,132 that...
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    Returning to the scene of the crime -market update/charts

    7/30 Commentary: The relief rally brought a big sigh to wall street as bargain hunters came in buying today. The 60 minute charts continue to forecast correctly, as they are forerunners to direction moves and their life expectancies. Some economic things to watch this week are the crude...
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    Technical Charts of the Funds

    here are some charts that I did of the various funds, hope they help. I have provided daily and weekly charts. The weekly chart appears toppy, better have an exit strategy just in case. The Chart Pattern Trader C Fund Daily...
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    The Market could be topping

    While the Dow & SP 500 (Large Caps) managed a breakout to new highs, the Smallcaps and midcaps have failed to break above their previous June highs. They have reversed right off the previous June highs. This is troubling in that we could now have the formation of a double top pattern. If those...
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    Technical Chart of the I Fund

    The I Fund tracks the EAFE index (ishares). This fund has displayed leadership as the overall world markets have experienced a global recovery. Now the ride won't last forever. Your job is to have an exit strategy in play and make sure you get top dollar for your shares. The charts posted follow...
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    S&P 500's Backtesting a Flag pattern (commentary & chart)

    I really appreciate the warm greeting I recieved from Tom, and moderators Show-me & nnuut. Thank you for being so thoughtful. The S&P 500 pulled back today in what appears to be a backtest to the upper boundary of a bullish Flag pattern. The Flag slopes moderately against the previous trend...
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    C Fund Market Update Video

    The video linked below is an indepth study of technical analysis on the C fund (S&P 500, ticker $SPX). And worth a view. The video is titled "Stock Market Update 7-19-07. In this video, I explain the differences between the SMA (simple moving averge) and the EMA (exponentiall moving average)...
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    Video on the C fund

    The video linked below is an indepth study of technical analysis on the C fund (S&P 500, ticker $SPX). And worth a view. The video is titled "Stock Market Update 7-19-07. In this video, I explain the differences between the SMA (simple moving averge) and the EMA (exponentiall moving average)...
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