V. 8:14 (584-587): Mystery Charts by John Sweeney - DRAMATIC MYSTERY CHARTS

V. 8:14 (584-587): Mystery Charts by John Sweeney - DRAMATIC MYSTERY CHARTS
Item# v81458myscha1
Availability: In Stock

Product Description

MYSTERY CHARTS by John Sweeney


All entrants save one for the July Mystery Chart correctly identified COMEX gold (variously, June and March) and most amazingly traded it correctly for the subsequent breakdown (Figure 1). Since the move was so dramatic, heavy emphasis was placed showing how the action before the break led to the break.

Along those lines, John McCormick of Perris, CA, a private trader (714-943-1658), submitted the most comprehensive analysis covering all the bases: long-term to short-term horizon; trend lines, support and resistance; cycles; and his own unique concept of the "central zone" of the trading range. He's our newest Certified Technical Genius, and his charts and comments follow.

Second, third and fourth places went, respectively, to Bernard Dyer of Los Angeles, CA (RSI and ADX indications properly interpreted); Marvin Hass of Alexandria, VA (trading against a simple 40-day average); and Peter Paul Spica of Attica, MI (another ADX devotee using parabolic stops). Unfortunately, we don't have room to publish their analyses.

Most other entries were downgraded for failing to deal with the question of what to do on March 19. Several dealt with what had been done during the February break and several dealt with what had been done after the March 20th to March 26th break, but those weren't the challenge! Winners will focus on the question asked.

*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.

Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order