Tuesday, January 8, 2008

Chart Basics 7 - Review Dow from 01-02-08 to 01-08-08

Charts below are provided courtesy of Stockcharts.com.
Please visit their site for more chart information.
http://stockcharts.com/


Below is the chart of the Dow discussed on 01-02-08. This chart illustrates the Head and Shoulders pattern.



Review the Head and Shoulders pattern in the market. 01-08-08.




We will review what we have learned tonight.

Please set up Stockcharts - with the following Parameters.

Range - 6 month
Type - Candle
Size - Landscape
Volume - Separate
Check - Price Labels and Y-axis Labels

Overlays
Simple moving average - 50
Simple moving average - 200
Bollinger Bands - 20,2

Enter your Symbol and click Update.

For more information regarding charts refer to the Chart School on http://stockcharts.com/