July 14, '04. Location, location, location...


The key to identifying today's top was not only in the complimentary pair of triangle reversal patterns appearing near the Noon Hour High, it was WHERE these two triangles made their appearance that cemented this setup as an Event Concept. In the mini-Dow, symbol YM, price reached its climax by closing a gap from some 10 days earlier. A 50% retracement back down from the morning's early rally was worth 40 points in the YM at the triangle's break. Learn the all the elements of an Event Concept to identify swing trade opportunities in the training course from ValhallaFutures at futurestrade.com.(click image to enlarge)