Chart Patterns & Algo. Trader

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1 surinotes.com s Jan. 15, 2018 Chart Patterns & Algo. Trader S : Bo &Pos A Weekly Publication Trading Megaphone Patterns

2 Chart Patterns & Algorithmic Trader 2018 ALL RIGHTS RESERVED No part of this document may be reproduced or transmitted without the express written consent of the surinotes.com or Suri Duddella. This document relies on sources and information reasonably believed to be accurate, but neither the author nor publisher guarantees accuracy or completeness. The examples in this document could be considered hypothetical trades. The CFTC warns that: HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. COPYRIGHT 2018 surinotes.com Data & Charts are created by TradeStation Software from TradeStation Securities. Published in the United States of America V15

3 Disclaimer: All the material in this document is provided as Educational Material only. NONE of the chart patterns or chart setups or all other material in this document are trade recommendations. Trading is risky. You are 100% responsible for your own trading. Trading is risky. You are 100% responsible for your own trading. surinotes.com or Suri Duddella, specifically disclaims any and all express and implied warranties. Your trades may entail substantial loss. Nothing in this document should be construed as a recommendation to buy or sell any security or other instrument, or a determination that any trade is suitable for you. Chart Patterns and other material in this document are Auto generated in TradeStation software and we try our best to check for errors and data consistency, but they may still consist of data or algorithmic errors.

5 Market Quotes "When you lose, don't look at the loss as a reflection of your self-worth (your net worth). Likewise, when you win, don't let it go to your head. - Ira Epstein & David Garfield "Setting a goal is not the main thing. It is deciding how you will go about achieving it and staying with the plan. - Tom Landry "The worst bankrupt in the world is the person who has lost his enthusiasm. - H.W. Arnold

6 Table of Contents US Markets Patterns Gallery Chart Patterns Energy & Oil Stocks Stocks/Futures/Commodities/FX Earnings Next Week/Charts Watch Lists Bullish/Bearish, Relative Strength Key Supp/Resistance/Pivots Charts Gap Charts Weekly Relative Performances ALGORITHMIC TRADER Trading Mega Phone Patterns Algorithmic Trades Symbols Universe Books/Websites/Software

7 Chart Links Major Market Indexes Trends 11 Gold, Silver, Oil and 10 Yr Notes 12 TRAN, VIX, Inv. H&S Pattern (W) ABC Bullish Pattern 15 BRTI Parabolic Arc Pattern 16 CIBR Inv. H&S Pattern 20 CIBR ABC Bullish Pattern 21 CTXS ABC Bullish Pattern 22 CYBR Symmetric Triangle Pattern 23 FEYE Head and Shoulders Pattern 24 HACK Inv. H&S Pattern 25 NTGR Cup & Handle Pattern 26 SPLK ABC Bullish Pattern 27 SPLK Cup & Handle Pattern 28 DATA ABC Bullish Pattern 31 BA Parabolic Arc Pattern 32 COST ABC Bullish Pattern 33 USO Inv. H&S Pattern 34 CMG ABC Bullish Pattern 35 AAL Symmetric Triangle Pattern 36 JD Double Bottom Pattern 37 GILD ABC Bullish Pattern 38 IBM ABC Bullish Pattern 39 KO Cup & Handle Pattern 40 GPS ABC Bullish pattern 41 GWPH Cup & Handle Pattern 42 HOG ABC Bullish Pattern 43 INFY ABC Bullish Pattern 44 PEP Dragon Bull Pattern 45 UPS Cup & Handle Pattern 46 JAZZ Cup & Handle Pattern 47

8 FSLR Cup & Handle Pattern ABC Bullish Pattern Regression Channel Inv. H&S Pattern Rectangle Channel ABC Bullish Pattern AB=CD Pattern ABC Bullish Pattern ABC Bullish Pattern Rectangle Channel AB=CD Pattern Head and Shoulders Pattern 62 QM Fib. Zone Pivots Gap Chart 73 YM Gap Chart 75 IBM ABC Bullish Pattern 79 AMTD Cup & Handle Pattern 80 UAL ABC Bullish Pattern 81 DAL ABC Bullish Pattern 82 GS Cup & Handle Pattern 83 JNJ Cup & Handle Pattern 84 JPM Cup & Handle Pattern 85 MS (W) ABC Bullish Pattern 86 NFLX ABC Bullish Pattern 87 SLB Double Bottom Pattern 88 UTHR Double Bottom Pattern 89 WIT ABC Bullish Pattern 90

9 Major Indexes

10 Major Indexes Major Indexes %Chg YTD

11 Chart Patterns & Algorithmic Trader (11) Major Market Indexes Trends All four major market indexes (Weekly) charts are showing strong esix trends.

12 Chart Patterns & Algorithmic Trader (12) Gold, Silver, Oil and 10 Yr Notes Gold regained 200 SMA as it trades higher above 200 MA. Silver and Oil are below its 200 MA and Treasury Notes is just below 200 MA.

Chart Patterns & Algorithmic Trader (13) TRAN, VIX, DXY, @TY

13 Chart Patterns & Algorithmic Trader (13) TRAN, VIX, Transportation Index, VIX, U.S. Dollar Index (Weekly) and esix trend indicator.

14 Chart Patterns & Algorithmic Trader Inv. H&S (D) is trading in Inv. H&S Pattern. Long entry above , Stop below (2.500), Target1 Zone: to 58.06, Target2 Zone: to 64.90

Chart Patterns & Algorithmic Trader (15) @GC (W) ABC Bullish Pattern Reviewed in CPAT 09/18/17 $@GC (W) ABC Bullish

15 Chart Patterns & Algorithmic Trader (W) ABC Bullish Pattern Reviewed in CPAT 09/18/17 (W) ABC Bullish Pattern Long Entry above , Stop below (- 63.7), Target1 Zone: 1347 to 1402, Target2 Zone: 1560 to 1675

16 Chart Patterns & Algorithmic Trader (16) BRTI Parabolic Arc Pattern BRTI (CME s Bitcoin Index) is trading in Parabolic Arc pattern.

19 HACK CIBR Cyber Security ETF First Trust Nasdaq Cybersecurity

20 Chart Patterns & Algorithmic Trader (20) CIBR Inv. H&S Pattern $CIBR (D) is trading in Inv. H&S Pattern. Long entry above 22.34, Stop below (0.46), Target1 Zone: 23.4 to 23.7, Target2 Zone: 24.6 to 25.2

21 Chart Patterns & Algorithmic Trader (21) CIBR ABC Bullish Pattern $CIBR (D) ABC Bullish Pattern Long Entry above 21.65, Stop below (-0.25), Target1 Zone: 22.6 to 22.9, Target2 Zone: 23.8 to 24.5

22 Chart Patterns & Algorithmic Trader (22) CTXS ABC Bullish Pattern $CTXS (D) ABC Bullish Pattern Long Entry above 75.82, Stop below (-2.50), Target1 Zone: 88.0 to 92.0, Target2 Zone: to 111.9

23 Chart Patterns & Algorithmic Trader (23) CYBR Symmetric Triangle Pattern CYBR (Daily) is forming Symmetric Triangle Pattern.

24 Chart Patterns & Algorithmic Trader (24) FEYE Head and Shoulders Pattern $FEYE (D) is trading in H&S Pattern (F). Short entry below 13.74, Stop above (-0.85), Target1 Zone: 11.1 to 10.4, Target2 Zone: 8.3 to 6.8

25 Chart Patterns & Algorithmic Trader (25) HACK Inv. H&S Pattern $HACK (D) is trading in Inv. H&S Pattern. Long entry above 30.87, Stop below (0.68), Target1 Zone: 32.4 to 32.8, Target2 Zone: 34.0 to 34.9

26 Chart Patterns & Algorithmic Trader (26) NTGR Cup & Handle Pattern $NTGR (W) is trading in Cup & Handle Pattern. Entry above breakout level: 60.80, Handle Low: 56.65, 21.58% below breakout level. T1: 72.8 to 76.0 T2: 85.4 to 92.1

27 Chart Patterns & Algorithmic Trader (27) SPLK ABC Bullish Pattern $SPLK (D) ABC Bullish Pattern Long Entry above 57.14, Stop below (-2.98), Target1 Zone: 65.7 to 68.8, Target2 Zone: 77.8 to 84.3

28 Chart Patterns & Algorithmic Trader (28) SPLK Cup & Handle Pattern SPLK (D) is trading in Cup & Handle Pattern. Entry above breakout level: 69.23, Handle Low: 62.34, 45.75% below breakout level. T1: 78.5 to 81.1 T2: 88.4 to 93.6

29 Chart Patterns Stocks/Options/Indexes

31 Chart Patterns & Algorithmic Trader (31) DATA ABC Bullish Pattern $DATA (D) ABC Bullish Pattern Long Entry above 70.56, Stop below (-2.20), Target1 Zone: 81.6 to 85.2, Target2 Zone: 95.5 to 103.0

32 Chart Patterns & Algorithmic Trader (32) BA Parabolic Arc Pattern BA (W) is trading I Parabolic Arc Pattern.

33 Chart Patterns & Algorithmic Trader (33) COST ABC Bullish Pattern $COST (W) ABC Bullish Pattern Long Entry above , Stop below (- 4.29), Target1 Zone: to 187.4, Target2 Zone: to 227.1

34 Chart Patterns & Algorithmic Trader (34) USO Inv. H&S Pattern Reviewed in CPAT 10/23/17 $USO (D) is trading in Inv. H&S Pattern. Long entry above 10.32, Stop below 9.83 (0.49), Target1 Zone: 11.4 to 11.6, Target2 Zone: 12.4 to 13.0

35 Chart Patterns & Algorithmic Trader (35) CMG ABC Bullish Pattern Reviewed in CPAT 01/08/18 $CMG (D) ABC Bullish Pattern Long Entry above , Stop below ( ), Target1 Zone: to 341.7, Target2 Zone: to 400.3

36 Chart Patterns & Algorithmic Trader (36) AAL Symmetric Triangle Pattern AAL (Daily) is trading in Symmetric Triangle pattern. Triangle breakout is aboce $53. Stop below $50. Targets: $58, $62, $64.

37 Chart Patterns & Algorithmic Trader (37) JD Double Bottom Pattern $JD (D) ABC Bullish Pattern Long Entry above 37.44, Stop below (-1.64), Target1 Zone: 40.1 to 41.3, Target2 Zone: 44.7 to 47.1

38 Chart Patterns & Algorithmic Trader (38) GILD ABC Bullish Pattern Reviewed in CPAT 1/08/18 $GILD (D) ABC Bullish Pattern Long Entry above 72.04, Stop below (-2.00), Target1 Zone: 84.0 to 87.7, Target2 Zone: 98.6 to 106.5

39 Chart Patterns & Algorithmic Trader (39) IBM ABC Bullish Pattern Reviewed in CPAT 12/04/17 $IBM (D) ABC Bullish Pattern Long Entry above , Stop below (-2.48), Target1 Zone: to 164.6, Target2 Zone: to 184.1

40 Chart Patterns & Algorithmic Trader (40) KO Cup & Handle Pattern Reviewed in CPAT 1/08/18 $KO (D) is trading in Cup & Handle Pattern. Entry above breakout level: 47.13, Handle Low: 44.33, 38.62% below breakout level. T1: 51.6 to 52.8 T2: 56.3 to 58.9

41 Chart Patterns & Algorithmic Trader (41) GPS ABC Bullish pattern Reviewed in CPAT 11/13/17 $GPS (D) ABC Bullish Pattern Long Entry above 26.36, Stop below (-1.01), Target1 Zone: 30.8 to 32.2, Target2 Zone: 36.5 to 39.5

42 Chart Patterns & Algorithmic Trader (42) GWPH Cup & Handle Pattern $GWPH (W) is trading in Cup & Handle Pattern. Entry above breakout level: , Handle Low: , 18.42% below breakout level. T1: to T2: to 211.2

43 Chart Patterns & Algorithmic Trader (43) HOG ABC Bullish Pattern $HOG (W) ABC Bullish Pattern Long Entry above 47.95, Stop below (-3.44), Target1 Zone: 61.2 to 65.8, Target2 Zone: 78.9 to 88.3

44 Chart Patterns & Algorithmic Trader (44) INFY ABC Bullish Pattern $INFY (W) ABC Bullish Pattern Long Entry above 14.31, Stop below (-0.90), Target1 Zone: 20.1 to 21.9, Target2 Zone: 27.1 to 30.8

45 Chart Patterns & Algorithmic Trader (45) PEP Dragon Bull Pattern PEP (Daily) is trading in Bullish Dragon pattern. Dragon Long Entry is above $115. Targets: $119.5, 122, 128.

46 Chart Patterns & Algorithmic Trader (46) UPS Cup & Handle Pattern Reviewed in CPAT 12/04/17 UPS (Daily) is trading in Cup & Handle pattern. Pattern Entry is above $120.44, Targets: $ , 138,

47 Chart Patterns & Algorithmic Trader (47) JAZZ Cup & Handle Pattern JAZZ (Daily) is trading in Cup & Handle Pattern. Cup breakout level is above $160. Targtets: $184.5, $

48 Chart Patterns & Algorithmic Trader (48) FSLR Cup & Handle Pattern Reviewed in CPAT 1/08/18 FSLR (D) is trading in Cup & Handle pattern. Breakout level: $74.29.

49 Chart Patterns Futures & Commodities

50 Futures Chg%

51 Futures Weekly Performance

Chart Patterns & Algorithmic Trader (52) @AD ABC Bullish Pattern $@AD (D) ABC Bullish Pattern Long

52 Chart Patterns & Algorithmic Trader ABC Bullish Pattern (D) ABC Bullish Pattern Long Entry above , Stop below ( ), Target1 Zone: to 0.814, Target2 Zone: to 0.881

Chart Patterns & Algorithmic Trader (53) @BP Regression Channel

53 Chart Patterns & Algorithmic Trader Regression Channel Reviewed in CPAT is trading in Regression Channel.

Chart Patterns & Algorithmic Trader (54) @EC Inv. H&S Pattern @EC (D) is trading in Inv. H&S Pattern (F).

54 Chart Patterns & Algorithmic Trader Inv. H&S (D) is trading in Inv. H&S Pattern (F). Long entry above , Stop below ( ), Target1 Zone: to , Target2 Zone: to

55 Chart Patterns & Algorithmic Trader Rectangle Channel (D) is trading in Inv. H&S Pattern. Long entry above , Stop below (3.912), Target1 Zone: to , Target2 Zone: to

Chart Patterns & Algorithmic Trader (56) @GC ABC Bullish Pattern Reviewed in CPAT 09/18/17 @GC (W) ABC Bullish

56 Chart Patterns & Algorithmic Trader ABC Bullish Pattern Reviewed in CPAT (W) ABC Bullish Pattern Long Entry above , Stop below (-63.7), Target1 Zone: 1347 to 1402, Target2 Zone: 1560 to 1675

57 Chart Patterns & Algorithmic Trader AB=CD (Daily) forming AB=CD Bearish pattern.

Chart Patterns & Algorithmic Trader (58) @HO ABC Bullish Pattern $@HO (W) ABC Bullish Pattern Long

58 Chart Patterns & Algorithmic Trader ABC Bullish Pattern (W) ABC Bullish Pattern Long Entry above , Stop below ( ), Target1 Zone: to 1.948, Target2 Zone: to 2.579

Chart Patterns & Algorithmic Trader (59) @JY ABC Bullish Pattern Reviewed in CPAT 10/16/17 $@JY (W) ABC Bullish Pattern

59 Chart Patterns & Algorithmic Trader ABC Bullish Pattern Reviewed in CPAT 10/16/17 (W) ABC Bullish Pattern Long Entry above , Stop below ( ), Target1 Zone: to , Target2 Zone: to

60 Chart Patterns & Algorithmic Trader Rectangle Channel Reviewed in CPAT forming Rectangle Channel.

61 Chart Patterns & Algorithmic Trader AB=CD is trading in AB=CD Bullish Pattern.

Chart Patterns & Algorithmic Trader (62) @TY Head and Shoulders Pattern $@TY (D) is trading in H&S Pattern (F).

62 Chart Patterns & Algorithmic Trader Head and Shoulders Pattern (D) is trading in H&S Pattern (F). Short entry below , Stop above (-0.47), Target1 Zone: to 121.7, Target2 Zone: to 118.9

63 Chart Patterns FX

64 FX Weekly Performance

65 FX Chg%

66 Key Support/Resistance, Pivots

67 Chart Patterns & Algorithmic Trader (67) ES Fib. Zone Fib. Zone Pivots

68 Chart Patterns & Algorithmic Trader (68) NQ Fib. Zone Pivots NQ Fib. Zone Pivots

69 Chart Patterns & Algorithmic Trader (69) QM Fib. Zone Pivots QM Fib. Zone Pivots

70 Chart Patterns & Algorithmic Trader (70) GC Fib. Zone Fib. Zone Pivots

71 Chart Patterns & Algorithmic Trader (71) YM Fib. Zone Pivots YM Fib. Zone Pivots

72 GAP Charts Shows filled and unfilled gap levels

73 Chart Patterns & Algorithmic Trader Gap Gap chart with filled and unfilled Gaps with at least 1 ATR Gap.

74 Chart Patterns & Algorithmic Trader Gap Gap chart with filled and unfilled Gaps with at least 1 ATR Gap.

75 Chart Patterns & Algorithmic Trader (75) YM Gap Gap chart with filled and unfilled Gaps with at least 1 ATR Gap.

76 Earnings Companies releasing earnings in the next few weeks.

77 January Earnings Calendar

78 February Earnings Calendar

79 Chart Patterns & Algorithmic Trader (79) IBM ABC Bullish Pattern Reviewed in CPAT 12/04/17 $IBM (D) ABC Bullish Pattern Long Entry above , Stop below (-2.48), Target1 Zone: to 164.6, Target2 Zone: to 184.1

80 Chart Patterns & Algorithmic Trader (80) AMTD Cup & Handle Pattern Reviewed in CPAT 9/18/17 $AMTD (D) is trading in Cup & Handle Pattern. Entry above breakout level: 47.41, Handle Low: 41.83, 49.42% below breakout level. T1: 54.4 to 56.3 T2: 61.7 to 65.7

81 Chart Patterns & Algorithmic Trader (81) UAL ABC Bullish Pattern $UAL (W) ABC Bullish Pattern Long Entry above 60.80, Stop below (-4.30), Target1 Zone: 84.7 to 92.4, Target2 Zone: to 130.4

82 Chart Patterns & Algorithmic Trader (82) DAL ABC Bullish Pattern Reviewed in CPAT 12/04/17 $DAL (D) ABC Bullish Pattern Long Entry above 49.38, Stop below (-1.06), Target1 Zone: 54.2 to 55.8, Target2 Zone: 60.4 to 63.7

83 Chart Patterns & Algorithmic Trader (83) GS Cup & Handle Pattern Reviewed in CPAT 12/11/17 $GS (D) is trading in Cup & Handle Pattern. Entry above breakout level: , Handle Low: , 23.72% below breakout level. T1: to T2: to 328.9

84 Chart Patterns & Algorithmic Trader (84) JNJ Cup & Handle Pattern Reviewed in CPAT 10/16/17 $JNJ (D) is trading in Cup & Handle Pattern. Entry above breakout level: , Handle Low: , 73.29% below breakout level. T1: to T2: to 156.9

85 Chart Patterns & Algorithmic Trader (85) JPM Cup & Handle Pattern Reviewed in CPAT 09/25/17 $JPM (D) is trading in Cup & Handle Pattern. Entry above breakout level: 93.98, Handle Low: 88.03, 48.22% below breakout level. T1: to T2: to 114.0

86 Chart Patterns & Algorithmic Trader (86) MS (W) ABC Bullish Pattern Reviewed in CPAT 10/16/17 $MS (W) ABC Bullish Pattern Long Entry above 24.80, Stop below (-3.65), Target1 Zone: 38.9 to 43.8, Target2 Zone: 57.7 to 67.8

87 Chart Patterns & Algorithmic Trader (87) NFLX ABC Bullish Pattern Reviewed in CPAT 09/25/17 $NFLX (W) ABC Bullish Pattern Long Entry above 97.17, Stop below (-12.68), Target1 Zone: to 153.8, Target2 Zone: to 227.4

88 Chart Patterns & Algorithmic Trader (88) SLB Double Bottom Pattern $SLB (W) is trading in Double Bottom Pattern. Long Entry above 65.44, Stop below (-4.43), Target1 Zone: 78.5 to 83.2, Target2 Zone: 96.9 to 106.8

89 Chart Patterns & Algorithmic Trader (89) UTHR Double Bottom Pattern $UTHR (D) ABC Bullish Pattern Long Entry above , Stop below (- 3.49), Target1 Zone: to 135.8, Target2 Zone: to 158.4

90 Chart Patterns & Algorithmic Trader (90) WIT ABC Bullish Pattern $WIT (W) ABC Bullish Pattern Long Entry above 5.31, Stop below 4.94 (-0.37), Target1 Zone: 6.1 to 6.4, Target2 Zone: 7.4 to 8.0

91 Weekly Relative Performances

92 Sector & Indexes Relative Performances Winners: Airlines, Regional Banks, OilServices Losers:SemiConductors, Telecom

93 Dow 30 Weekly Relative Performance

94 Select Sectors Weekly Performance

95 Country ETFs Weekly Performance

96 Commodity ETFs Weekly Performance

97 Watch Lists Momentum Relative Strength Bullish/Bearish Lists NH/NL Oversold/Overbought Key Retracements

98 Sector ETF %DWMY

99 Relative Strength Ranks (200)

100 RS Ranks Sorted (Alpha)

101 Bullish/Bearish List

102 52 Week Highs and Lows

103 D%, W%, M%, YTD%

104

105 Algorithmic Trading Algo. Techniques Algo. Reports Current Algorithms ALL RETURNS POSTED ON THIS PUBLICATION ARE HYPOTHETICAL PERFORMANCE GENERATED BY COMPUTERIZED SYSTEM AND THEY ARE NOT ACTUAL TRADE REPORTS. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

106 Trading MegaPhone Patterns by Suri Duddella Megaphone patterns were first described in Richard Schabacker s book (1932) "Technical Analysis and Stock Market Profits" as rare and intricate patterns. Megaphone patterns are considered both reversal and continuous patterns and usually appear at the major tops and market bottoms. This pattern may be also called as Inverted Symmetric Triangle" pattern or Broadening pattern and usually, develops after a strong up or down trend in the stock price. Megaphone pattern formations have five distinct swings. Each swing is larger than the previous swing, which gives the formation its Megaphone appearance. The key swing points in the Megaphone pattern are structured with lower low troughs and higher high peaks and are connected by two diverging trendlines. Each of these swings may also include small minor swings. The key swings of the pattern are the first and the fifth swings, which show the reversal of major direction prior to the formation of the pattern. Another unique characteristic of Megaphone top/bottom patterns is that each swing s increasing volatility triggers the reversals of upside and downside swings. Key pattern characteristics Fibonacci Ratio-based Swings similar characteristics to conventional wedges. Megaphone wedges form near market tops and bottoms and have high reliability. After completion of wedges, breakout and breakdown levels of the upper or lower trendlines, broadening wedge patterns become very volatile. Megaphone Failures Megaphone patterns are highly reliable but not infallible. They trade better in longer-term timeframes than in shorter timeframes. Like most pattern failures, Megaphone pattern failure moves are explosive in the opposite direction. A critical area of retest and failure is the mid-channel line. In many cases of failure, the rally/decline stops at the mid-line to retest the prior trendline. Usually, the failure occurs on the last swing before a clear breakout/breakdown occurs. Trading Megaphone Patterns Megaphone patterns present two trading opportunities. 1. Trading the breakout as a Megaphone continuous pattern. 2. Trading the reversal as a Megaphone reversal pattern. Trades are placed after price reverses from 5th swing pivot level. Trading the Breakout (Continuous) To trade Megaphone breakout pattern as a continuation of its up-trend, trades are taken in the direction of the breakout/breakdown from the pattern. When a price bars close outside the pattern (above upper trendline) in the direction of the breakout/breakdown, a long trade is triggered. Most geometric trading patterns exhibit Fibonacci ratio relationships in their swings. By that, each swing has a Fibonacci ratio relation to prior swings. Megaphone patterns exhibit this characteristic as each of its swing has a 1.27 to 1.62 extension ratio of prior swings in price and time. Megaphone Wedges Megaphone patterns forming with slightly angled trendlines (both in the same up or down direction) connecting the tops and bottoms are called Megaphone wedges. They may be also classified as a Megaphone Ascending Wedge or Megaphone Descending Wedge. Megaphone wedges have

107 Trading the Reversal When prices reach the last and the 5th swing point and fail to continue higher (as a breakout), Megaphone pattern may be presenting an opportunity to short on its reversal. Once price starts to decline from 5th swing point, wait for prices to close below the 3rd swing and enter a short trade. Trading Example The following example shows both Megaphone continuous and Megaphone reversal pattern formation in current The Priceline Group (PCLN) stock. Priceline (PCLN) stock rose from a low of $45 (1998) to a high of $1600 (2016), a 3400% increase. Currently, it is forming a Megaphone pattern as it made three swing highs and two swing lows in a steep uptrend. The case for both continuous and reversal trade setups are presented here. Trading PCLN breakout (Continuous) 1. Currently weekly close of PCLN is $1540 with a high of $1601. Price Targets The price targets in Megaphone breakout (continuous) pattern are computed using the Fibonacci ratio of the pattern height (vertical distance) added from the breakout levels. The price targets for the Megaphone reversal pattern are the midpoint of the pattern and the area between 4th swing and lower trend line. Historically, this would be the widest part of the pattern and is a very profitable target. 2. If price trades above the $1601 (5th swing pivot), PCLN may signal as Megaphone breakout pattern and the trend may continuous to trade higher. 3. Enter a long trade above the high of the bar that closed above $ Place a stop near 3rd swing high ($1475). 5. The height of the Megaphone pattern is $ Targets are placed at 62-79% of its height computed from the breakout level to $ Stops When trading Megaphone pattern breakouts, the "third swing high or low" and the mid channel point in the pattern as the critical points and trades should be protected with a stop at these levels. When trading the reversal, the stops should be placed outside the trend line (above the 5th swing point) to protect the trade.

108 Examples

109 Plato Algo. Performance Report (1/08/18) Short/Medium Term, Not for Sale or Lease.

110 Monty Algo. Performance (01/08/2018) Long Term, NOT for Lease or Sale

111 Symbols Universe

112 Symbol Universe of Stocks/ETFs

113 Symbols Universe

114 Books/Websites/Software

115

116 Poster 24 x 36 (100 lb. Gloss Paper) 30 illustrated patterns with Entries, Stops and Targets Pattern Conditions & Trading Rules $19.95 (FREE Shipping in the US) surinotes.com PATTERNS PRODUCTS RESEARCH BLOG Please send comments and suggestions to surinotes@gmail.com

Fintech $tocks. Chart Patterns & Algo. Trader. Trading Symmetric Triangle Patterns

Fintech $tocks. Chart Patterns & Algo. Trader. Trading Symmetric Triangle Patterns surinotes.com s Feb. 19, 2018 Chart Patterns & Algo. Trader Trading Symmetric Triangle Patterns A Weekly Publication Stocks/Futures/FX/Commodities Daily/Weekly/Monthly Analysis Auto Generated Chart Patterns/Analysis