KrisVT

Diamonds and repeating slope for channel boundaries-- Go Tech Go

NASDAQ:QQQ   INVESCO QQQ TRUST
What a move! Using the diamond to identify likely slopes for channel creation has potential to provide great entries.

Comments

Change Management - today The Technology Sector continued on a path that slopes up, at times parabolic moves occur. How would a scenario that featured the tech sector's continued success change the allocation of investment in the S&P 500, Nasdaq 100, and the Dow Jones Industrial Average over the next three years?

Diamond of the Day - repeating slopes in the charts are fun to identify. In this example there are multiple color coded channels derived from the component of the darts, kites and diamonds in the pattern. Do you see additional channels that would fit well with the current diamond slopes?
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