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TFC Commodity Trading Forum

7-10 setups/STR

Just thought I'd mention that Friday saw 4 stks that the scan picked up on with 7 H.highs/H.Lows in a row. They were DOW,EPD,GPS & SO. then Monday nothing turned up on the scans either way meaning they had all had a lower low. Keep in mind that another reason a selected stk wont show up after a 7th day in a row is either an inside day occurs or the volume is less than 1 mil shares. So the scan does pick up on these patterns but then must be tracked by eye as to what is the best set up. I would think the better set ups with H.Highs and H. Lows would be when price hits a resistance pt as well. And with the L.Lows and L.Highs selections tagging support. Just thought I'd let you know of these if you were tracking them. 3 of them are S&P500 stks.

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7-10 setups/STR
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