Price Patterns

Here are the patterns from this weeks class. Before taking any of these trades, understand what each pattern means and what type of breakout should result from the listed pattern. If you are not sure where to find this info, why not attend my class? Humor me at 6 in the morning why don't you?

CVD- Symmetrical Triangle

EOG- Symmetrical Triangle (look at the 5-year chart)

VIP- Ascending Triangle

HAWK- Descending Triangle

ABC- Ascending Triangle

WDC- Symmetrical Triangle

Jeff, I had a pretty good question, but i didn't know where to post it.

When does the implied volatility spike before earnings begin? For example, SPG reports monday but the CBOE chart shows IV dropping even into today and we're less than a week away.

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  • I'm Option Addict
  • From Saratoga Springs, Utah, United States
  • I am a professional trader and an instructor for Investools. I've had relations with the markets for 9 years. Born in Concord, CA, but reside in Saratoga Springs, Utah. Father of THREE, Husband of one.
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