Back to Basics
Sep 04, 2017
In this 90 minute video edited from a recent Options Hunter live webinar, Dale Wheatley takes us through a daily routine using mostly daily price charts.
He starts with major indices and ETFs then moves on to the Dow 30 stocks. When there are no patterns within the major markets or ETFs, there are often patterns in the Dow 30 stocks. These stocks represent a cross-section of industries and chart patterns can often set up in industries independent of the major markets.
He rejects charts that are not clearly distinguishable or have confusing patterns to focus in on clear patterns with divergences. Dale also provides an in-depth look at AAPL in June 2017 and potential trades that triggered.