Mentor Mike's Daily Turning Points for Tuesday 9/20/11. | Pacific Trading Academy
Close

Mentor Mike’s Daily Turning Points for Tuesday 9/20/11.

Mentor Mike’s Daily Turning Points for Tuesday 9/20/11.
 

Every freely-traded market makes a series of turning points during the day session of the regional stock market.  You don’t need to master complex cycle theories or pay to join some elite trading group in order to recognize and utilize daily turning points. I can teach you how to spot them and exploit them with conventional technical analysis.

 

Scoreboard

ES: 7 wins / 0 losses

 

Chart Chat

You’ve no doubt noticed that I’ve gone back (at least temporarily) to a three-panel chart.  The middle panel contains a linear MACD with a CCI histogram.  The bottom panel shows a dual-speed Stochastic.  People seem to prefer different combinations of oscillators so I decided to produce this template.  Today’s 3-minute chart shows a LO-HI-LO, with an extra little hi-lo between the last two major points.  Have a great evening.  Be back tomorrow.

Please click on the chart below to make it  larger.

ES Chart Daily
Today’s 3-Minute ES Chart

 

 

 

Leave a Reply