Section 1, Quotes,charts and analysis, updated every 10 minutes
Section 2, Instructions for identifying the trend
Send a message or contact me with any questions
1) TQQQ Ultrapro QQQ Proshares
1.1) Today’s Technical Opinion
1.2) 2 day chart, 15 minute data
1.3) 3 day chart, 30 minute
1.4) 5 day chart, 60 minute data
12.5) 10 day chart 120 minute
1.6) 3 month chart, daily
1.7) 9 month chart, daily
1.8) 1 year chart, weekly
1.9) 3 year chart, weekly
2.10) 5 year chart, weekly
1.11) 7 year Chart, monthly
1.12) 15 year chart using monthly data
1.13) 1983- Current Chart
1.14) Options Quotes
1.15) Ranges & Price Performance
1.16) Support & Resistance
2) Simplified Trend Qualification Procedure
Chart We’re using weekly price bars on the chart below for longer-term trades, this same procedure will work using any time frame from 15 minutes bars to monthly bars, it depends on whether your objective is trading intra-day, short, medium, or long-term, ATAs can be set up to trade all time periods or any combination of time period
2.1) Pick a time frame to work with from 15 minutes to monthly using any chart linked in 1.2 though 1.13. (the shorter the time frame the shorter the trade duration)
2.2) Qualify the trend using the EMA9 (red line), if price action is above the EMA9 (red line) you’re in an up-trend, below the EMA9 a down-trend.
2.3) Confirm the EMA9 defined trend (red line) is above the EMA18 (blue line) for an up-trend or the EMA9 (red line) is below the EMA18 (blue line) for down-trend.
2.4) Confirm the EMA9 defined trend agrees with the composite of the 13 indicators linked in 1.1. If the chart and the trend confirmation in 1.1 do not agree stand aside.
2.5) Use Support & Resistance linked in 1.15 for setting profit objectives and risk levels, contact me for more information on how we use these
If you have questions send a message or contact me
Regards,
Peter Knight Advisor
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