Tactical_Charts_CMT

Tactical_Charts_CMT

Potential head and shoulders top with a break of the neckline today.

Tactical_Charts_CMT

Short AMZN with a stop at a new all-time high. The pattern is a classic Elliot Wave pattern that portends at least an A/B/C correction is coming. Risk/reward is compelling.

Tactical_Charts_CMT

Momentum says this is at least a ST/MT double bottom. Risk reward is compelling.

Tactical_Charts_CMT

Its early (downtrend still intact) but SILJ is setting up a potential flag. Above $13.50ish and this is a monster pattern. For those with a tolerance for risk the risk/reward, even before the breakout, is compelling.

Tactical_Charts_CMT

Not a table-pounder but a good opportunity to get in front of any potential significant downswing in tech. Risk/reward works even with a conservative reward-side.

Tactical_Charts_CMT

Momentum (RSI) positively-diverged from price on the last price low. This positive divergence is now followed by a potential break in the LT downtrend. Initial target is resistance within a channel but potential bottoming pattern is much more significant. That said, even a run to the top of the channel has compelling risk/reward.

Tactical_Charts_CMT

Breaking out of a flag pattern with strong momentum (RSI). Positively-divergent momentum on the low portends a move higher out of the flag. The move should match the previous move. Stop at the low of the flag. Risk/Reward is compelling.

Tactical_Charts_CMT

While a bit premature, a tactical long position in VDE with a tight stop makes sense. IF Energy is making a lower-intensity higher-low then it may turn around these levels. Stop is tight because the ST downtrend has not been broken yet. Risk/Reward is compelling.

Tactical_Charts_CMT

Breakout from a flag consolidation pattern. Pattern counts to ~$8. Momentum (RSI) confirms the move. Long-term bottoming pattern.