|
5 Reasons To Lock In Gains Today
Friday, September 03, 2010
by David Grandey of All About Trends
|
|
Take a look at the red lines on the 3 charts below. 
Now let’s look at the 60 minute time frequency charts. 
There are 5 reasons why we locked in gains today. 1. Multiple indexes hit downtrend resistance off of the April Highs as shown on the daily charts above 2. The Full Stohcastics on the daily charts are also now in overbought territory 3. Multiple indexes hit prior resistance levels from mid August as shown on the 60 minute charts 4. The indexes are tagging key fibonacci levels (60 min charts) 5. RSI and Full Stochastics in overbought territory
Need we say more? Can you think of a better reason to go to cash, lock some huge gains and enjoy a holiday weekend? Not us. To learn more, visit our blog site and sign up for our free newsletter to receive our free report — “How To Outperform 90% Of Wall Street With Just $500 A week”
Recent articles from this author
- Today's Scooby Doo Open Marks Emotional Extremes - Thursday, January 26, 2012
- How To Buy Stocks After Today's Advance - Tuesday, January 17, 2012
- Time To Take A Bite Out Of Apple? - Wednesday, January 11, 2012
- Why We Are Traders And Not Investors - Friday, January 06, 2012
- What An Incredible Chart! - Monday, January 02, 2012
About the author
All About Trends is a subscription based newsletter service focused on helping individuals secure consistent profits in the market by trading what they see, not what they think, hear or fear. In the stock market, there are only 3 things you need to know: - Uptrends and how to trade them
- Downtrends and how to trade them
- Changes In Trends and how to identify them
We'll teach you: - Whether You’re An Investor Or A Trader, All Entry Points Are The Same
- How To Buy Stocks At Alternative, Risk Adverse Entry Points
- How To Short Stocks To Maximize Returns
- When To Sell Your Winners
- How To Focus Your Goals For Consistent Gains In The Stock Market
- What Just $500 A Week In Returns Can Do For You
- Proper Risk Management
- How To Set And Manage Stop Losses
Sign up for our free newsletter and receive our free report — "How To Outperform 90% Of Wall Street With Just $500 A Week." David Grandey is the founder of All About Trends, an email newsletter service revealing stocks in ideal set-ups offering potential significant short-term gains. A successful canslim-based stock market investor for the past 15 years, he has worked for Meriwest Credit Union and Silicon Valley Bank, helping to establish brand awareness and credibility through feature editorial coverage in leading national and local news media.
|
