Here’s An Example Of Being Flexible
When
there’s arguments to made for
both ‘camps’–try finding patterns that make ‘cents’ from either side.
11:31:04
Intraday Setup Alert
Consumers are apparently more
confident….but are investors? The Dow Jones ETF (DIA)
is putting in a symmetrical  triangle
since the 10:00 AM EST report came out. This pattern might be used for playing
the index proxy from either direction on either a break of 5-minute chart
pattern supports, or through resistance. The DIA is up .26 at 105.21.
The Diamonds aren’t exactly ‘doing it’ with style, but
flexibility out of this neutral pattern did help produce a little sparkle in
today’s trade.
Chris Tyler