Tag Archives: Price Action Lab scan

Price Action Lab Alert for Thursday, May 3, 2012

This alert is about a signal generated by a scan of all Dow-30 stocks. Share

Posted in Price Action Lab Alerts, Price Action Lab Patterns | Tagged , , , | Comments Off

Price Action Lab Alert for Monday, March 26, 2012

This alert is about signals in DJ30 stocks. Share

Posted in Price Action Lab Patterns | Tagged | Comments Off

Can We Know if the Market Will Rise or Fall on a Given Day one Day in Advance?

Long term investors and trend followers do not care to know if the market will rise or fall on a given day, one day in advance. A lot of traders do, including intraday, short-term, position, swing and even some option traders. … Continue reading

Posted in ETF Analysis, Price Action Lab Patterns | Tagged , | Comments Off

A Rare Island Cluster Pattern in SPY

Last Monday I reported the formation of an  inside day downside breakout pattern in SPY and I showed how that was a bullish signal based on price action analysis. Despite the drop that followed, a long position at the open of last Tuesday has generated a profit of … Continue reading

Posted in ETF Analysis, Price Action Lab Patterns, Technical Analysis | Tagged , , , | Comments Off

Outside Day Upside Breakout in QQQ

After a rare formation of two consecutive outside days, an upside breakout followed in QQQ. The resulting outside day upside breakout pattern has been historically a short signal for profit targets in the 3% range but with a low winning bias. Share

Posted in ETF Analysis, Price Action Lab Patterns | Tagged , , | Comments Off