Thursday, May 07, 2009

High probability chart patterns





Some charts this morning are showing classic high probability patterns and continuing their trends. Trading these patterns with the market momentum is very low risk.high probability. 

FAZ breaking to new highs.









ZION rolling over. Note all other bank stocks were making new lows at this time. SO waiting for this to roll over can pay off huge.













SKF making new highs









JPM making new lows after consolidation










SRS ramping up in a trend continuation.

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