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Author: Chuck Kowalski

Trading a Breakout Day

Traders should have been looking for a breakout day as the market has been consolidating in a narrow range and a breakout was imminent.  A large gap lower was all the indication you needed to play the downside of the...

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Mini Dow – Breakout or Reversal?

The mini Dow broke out of a triangle formation on Tuesday, but failed to follow-through.  This sets up an interesting trading day for Wednesday.  Do you buy the market with the expectation that it has broken out and...

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