Preface to chart posts for this weekend: Instead of doing a bunch of videos, I decided to show static charts created, of course, with SlopeCharts (which you should use – – hint, hint). I am allocating most of these ideas to my Slope Plus subscribers. The Slope Plus bonus charts for Sunday are here.
What the charts below all have in common is (1) they are all “live” short positions in my portfolio (2) the patterns should be fairly self-explanatory. What’s unique about this particular set is that they are all based on prices that are near the tops of long-term pattern ranges: