Posted by Unknown
I've probably mentioned the concept of channel busters enough that you are familiar with it. Several of you are using a swing trade template I made for StockFinder, I would think about scanning for channel busters as they tend to make reliable swing trades. If you're interested, I can probably write and share the code for a channel buster scan. USO has moved about 3% the last 3 days, which
Posted by Unknown
Anything look unusual on this chart of Crude futures today?
Pay attention to the timestamp on the chart...
9, 10, 11, 12, 13, 15, 16, 17
Uh, where's 14 (2 p.m.)?
The chart goes right up to 14:04 then jumps to 14:21 then to 15:15 (2:04 p.m. EDT / 2:21 / 3:15)
CME, where CL (Crude Futures) trade, went berserk apparently from an algo. They shut down the system, cancelled all open orders and
Posted by Unknown
Last Friday MSPD used the strength in the market to create a false breakout of the bear flag, probably knocking a lot of shorts out of the position.
Here's the 1 minute chart now, I'd watch this bear flag for a downside break and consider that an area to add or initiate a short position.
Brandt Uses Worden's TeleChart and StockFinder 5 Exclusively
