Amazing Power Patterns Chart Art Chart Of Day For 1-20-18 TQQQ

Harlan Pyan

Welcome to Amazing Power Patterns where we keep it simple by trading what we see not think hear or fear. Its really as simple as that.

In the stock market, there are only 3 things you need to know:

1. Uptrends and how to trade them
2. Downtrends and how to trade them
3. Changes In Trends and how to identify them

This material is strictly for educational and informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any security or financial product that may be referenced herein. Further, the information contained herein does not constitute investment advice or investment advisory services. All securities trading, whether in stocks, options, or other securities is risky, people can and do lose money. Do your own homework. Trade at YOUR own risk.


1-20 As you can see, thru the use of the current big picture uptrend channel that defines the whole uptrend we are currently nowhere near trend channel support. That zone and the 50 day average is in the $140-145 zone. You can also see Since the Oct. lows the 50 day and the green uptrend line define the current up trend as well. Ever hear the phrase buy support and sell resistance? Its clear to see we are nowhere near any sort of support currently. Those support zones also define one's fluctuation risk of buying here.


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