Chart Patterns Algo. Trader: A Weekly Magazine
Chart Patterns Algo. Trader: A Weekly Magazine
●Stocks/Options/Futures
●Commodities/FX
●Daily/Weekly/Monthly Analysis
●Watchlists
●Auto Generated Chart
Patterns/Analysis
●Algorithmic Trading
Analysis/Results
●Advanced Trading Ideas
●Relative Strength Ranks
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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.
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.
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Table of Contents
US Markets
Patterns Gallery
Key Levels:
GAP Charts
Chart Patterns
Stocks/Futures/Commodities/FX
Hot WatchLists
ALGORITHMIC TRADER
Algorithmic Trades
EDUCATION
Symbols Universe
Books/Websites/Software
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Major Markets
Patterns Gallery
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Chart Patterns
Stocks/Options/Indexes
Chart Patterns & Algorithmic Trader (7)
Nasdaq Emini Futures (@NQ.D) is trading in rising wedge pattern. This pattern is
only confirmed if price trades below the last key pivot (5759.5).
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Chart Patterns & Algorithmic Trader (8)
TSLA is forming 2B Top pattern first time in 2017. 2B trade entry is below 371. First
target is previous pivot (331) before forming the second top. Second target is $304.
Stop: $393.
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Chart Patterns & Algorithmic Trader (9)
AAPL Daily chart shows last week’s retracement followed by negative divergence in
eSIX. Current Gap support is near $150.
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Chart Patterns & Algorithmic Trader (10)
$CELG (D) ABC Bullish Pattern Long Entry above 129.02, Stop below 126.85 (-
2.17), Target1 Zone: 142.5 to 146.8, Target2 Zone: 159.1 to 168.0
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Chart Patterns & Algorithmic Trader (11)
$CVX (D) ABC Bullish Pattern Long Entry above 107.25, Stop below 105.29 (-1.96),
Target1 Zone: 110.8 to 112.3, Target2 Zone: 116.6 to 119.7
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Chart Patterns & Algorithmic Trader (12)
$PFE (D) ABC Bullish Pattern Long Entry above 32.83, Stop below 32.31 (-0.52),
Target1 Zone: 34.1 to 34.5, Target2 Zone: 35.9 to 36.9
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Chart Patterns & Algorithmic Trader (13)
PFE is trading in Symmetric Triangle pattern. PFE breakout level is at $34. First
Target range is $37-38.25.
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Chart Patterns & Algorithmic Trader (14)
$IIF (W) ABC Bullish Pattern Long Entry above 25.04, Stop below 23.29 (-1.75),
Target1 Zone: 28.4 to 29.8, Target2 Zone: 33.8 to 36.6
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Chart Patterns & Algorithmic Trader (15)
$XLE (W) ABC Bullish Pattern Long Entry above 64.35, Stop below 61.79 (-2.56),
Target1 Zone: 79.4 to 84.2, Target2 Zone: 98.0 to 108.0
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Chart Patterns & Algorithmic Trader (16)
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Chart Patterns & Algorithmic Trader (17)
MS is trading in Cup & Handle Pattern. Entry above breakout level: 47.33, Handle
Low: 43.79, 48.69% below breakout level. T1: 51.8 to 53.0, T2: 56.6 to 59.1
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Chart Patterns & Algorithmic Trader (18)
CERN is trading in Cup & Handle Pattern. Entry above breakout level: 67.50, Handle
Low: 61.48, 29.38% below breakout level. T1: 80.2 to 83.6, T2: 93.5 to 100.7
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Chart Patterns & Algorithmic Trader (19)
Citigroup (Citi) is trading Dragon Bullish pattern. Dragon pattern long entry above
$48. Targets $54-59, $71-81.
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Chart Patterns & Algorithmic Trader (20)
SOHU (Daily) is trading in ABC Bearish pattern. SOHU entry is below $55.50, Stop:
$56.81. Target1 Zone: $50-51.6, Target2 Zone: $46-48.9
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Chart Patterns & Algorithmic Trader (21)
$CBS (D) HS Pattern. Short entry below 61.95, Stop above 65.35 (-3.40), Target1
Zone: 56.9 to 55.5, Target2 Zone: 51.6 to 48.7
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Chart Patterns & Algorithmic Trader (22)
CBS (W) is trading in ABC Bearish Pattern. Entry below $64. Targets: $60-62, $52-
55.
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Chart Patterns & Algorithmic Trader (23)
COH (W) is trading in Inverse Head and Shoulders pattern. COH traded above
neckline $43.71 to confirm the pattern. If COH trades below right-shoulder low, it is
considered a failed pattern. 200 SMA support is at $39.15.
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Chart Patterns & Algorithmic Trader (24)
AMZN (Daily) is trading in Head and Shoulders pattern. Price needs to close below
neckline ($951) to confirm the chart pattern.
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Chart Patterns & Algorithmic Trader (25)
$INTC (D) Inv. HS Pattern. Long entry above 36.57, Stop below 35.48 (1.09),
Target1 Zone: 38.6 to 39.2, Target2 Zone: 40.8 to 42.0
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Chart Patterns & Algorithmic Trader (26)
NKE (Daily) is trading in Rectangle channel pattern. Watch upper and lower trendline
boundaries for potential breakouts.
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Chart Patterns & Algorithmic Trader (27)
RL Regression Channel
RL (W) is trading regression channel. Price closing above upper trendline signals a
breakout.
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Chart Patterns & Algorithmic Trader (28)
ESRX is trading in Symmetric Triangle pattern. Price trading above or below upper
and lower trend lines signals breakouts.
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Chart Patterns & Algorithmic Trader (29)
BIDU (Daily) Symmetric Triangle reached its second target zone (229-242) from its
breakout level 180.55.
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Chart Patterns & Algorithmic Trader (30)
AMTD 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
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Chart Patterns & Algorithmic Trader (31)
$SYNT (D) ABC Bullish Pattern Long Entry above 18.34, Stop below 17.77 (-0.57),
Target1 Zone: 20.6 to 21.3, Target2 Zone: 23.5 to 25.1
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Chart Patterns
Futures & Commodities
Chart Patterns & Algorithmic Trader (33)
@SI (Daily) is forming Inverse Head and Shoulders pattern. Price need to trade above
Neckline 17.896 for pattern to be valid.
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Chart Patterns & Algorithmic Trader (34)
@SB (Sugar Futures, Daily) is trading in Double Bottom pattern. Entry level: $13.54,
Stop: $13.20. Targets: $14.42 to $14.82, $15.99-$16.84
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Chart Patterns & Algorithmic Trader (35)
@LC (Daily) is trading in ABC Bearish pattern since April’17. Entry level is 122.800,
Target1 zone: $115.675-118.1. @LC has reached its second Target Zone (127-162%):
$104.
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Chart Patterns & Algorithmic Trader (36)
@QM (Emini Crude Oil Futures, Daily) is trading in Inverse Head and Shoulders
pattern. Price needs to close above neckline: $51.150 to confirm pattern.
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Chart Patterns & Algorithmic Trader (37)
$@KC (D) ABC Bullish Pattern Long Entry above 131.11, Stop below 126.70 (-4.41),
Target1 Zone: 144.2 to 149.0, Target2 Zone: 162.6 to 172.5
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Chart Patterns
FX
Chart Patterns & Algorithmic Trader (39)
AUDJPY is trading in Cup & Handle Pattern. Entry above breakout level: 89.019,
Handle Low: 85.396, 54.16% below breakout level. T1: 92.30 to 93.43 and T2: 96.67
to 99.01
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Chart Patterns & Algorithmic Trader (40)
$AUDNZD (D) Inv. HS Pattern. Long entry above 1.08441, Stop below 1.07167
(0.01274), Target1 Zone: 1.1141 to 1.1222, Target2 Zone: 1.1455 to 1.1623
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Chart Patterns & Algorithmic Trader (41)
$CHFJPY (D) HS Pattern. Short entry below 112.559, Stop above 113.940 (-1.381),
Target1 Zone: 108.83 to 107.81, Target2 Zone: 104.89 to 102.78
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Chart Patterns & Algorithmic Trader (42)
$CHFJPY (D) HS Pattern. Short entry below 112.559, Stop above 113.940 (-1.381),
Target1 Zone: 108.83 to 107.81, Target2 Zone: 104.89 to 102.78
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Chart Patterns & Algorithmic Trader (43)
GBPJPY (Daily) is rising from bottom in a Rectangle channel. Rectangle range is 138-
148. Upside target range: 148.447 to 158.236.
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Chart Patterns & Algorithmic Trader (44)
$NZDCHF (D) Inv. HS Pattern (F). Long entry above 0.72905, Stop below 0.70667
(0.02238), Target1 Zone: 0.7645 to 0.7742, Target2 Zone: 0.8020 to 0.8221
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Chart Patterns & Algorithmic Trader (45)
$SGDJPY (D) Inv. HS Pattern. Long entry above 81.438, Stop below 80.564 (0.874),
Target1 Zone: 83.87 to 84.53, Target2 Zone: 86.44 to 87.82
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Key
Support/Resistance,
Pivots
Chart Patterns & Algorithmic Trader (47)
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Chart Patterns & Algorithmic Trader (48)
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Chart Patterns & Algorithmic Trader (49)
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Chart Patterns & Algorithmic Trader (50)
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Chart Patterns & Algorithmic Trader (51)
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GAP Charts
Shows filled and unfilled gap levels
Chart Patterns & Algorithmic Trader (53)
@ES Gap chart with filled and unfilled Gaps with at least 1 ATR Gap.
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Chart Patterns & Algorithmic Trader (54)
@NQ Gap chart with filled and unfilled Gaps with at least 1 ATR Gap.
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Chart Patterns & Algorithmic Trader (55)
@YM Gap chart with filled and unfilled Gaps with at least 1 ATR Gap.
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Chart Patterns & Algorithmic Trader (56)
AAPL Gap Chart shows the upside gap from 8/2/17 is nearing its lower gap level
$150.05.
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Earnings
Companies releasing earnings in the next few weeks.
September Earnings Calendar
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October Earnings Calendar
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Chart Patterns & Algorithmic Trader (60)
MU (Earnings: 9/26/17) is trading in Cup & Handle Pattern. Entry above breakout
level: 36.59, Handle Low: 26.80, 35.89% below breakout level. T1: 53.4 to 58.0, T2:
71.2 to 80.8
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Chart Patterns & Algorithmic Trader (61)
NKE (Earnings: 9/26) is trading in a long rectangle channel pattern. Rectangle range is
$50 to $58. Watch upper and lower trendlines for potential breakouts.
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Chart Patterns & Algorithmic Trader (62)
COST (Earnings: 10/5) is trading in Rectangle channel. Watch channel upper and
lower ranges are $135 to 162 for potential breakouts.
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Chart Patterns & Algorithmic Trader (63)
JPM (Earnings: 10/12/17) is trading in Cup & Handle Pattern. Entry above breakout
level: 93.98, Handle Low: 88.03, 48.22% below breakout level. T1: 101.6 to 103.7,
T2: 109.7 to 114.0
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Chart Patterns & Algorithmic Trader (64)
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Chart Patterns & Algorithmic Trader (65)
$NFLX (Earnings: 10/16/17), Weekly chart is trading in ABC Bullish Pattern Long
Entry above 97.19, Stop below 177, Target1 Zone: 134.5 to 149.3, Target2 Zone:
192.0 to 222.8
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Watch Lists
Momentum
Relative Strength
Bullish/Bearish Lists
NH/NL
Oversold/Overbought
Key Retracements
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Bullish/Bearish List
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Algorithmic Trading
Algo. Techniques
Algo. Reports
Current Algorithms
Trading Parabolic
with series of upside gaps. The stock price itself
could multiply double or triple or quadruple in this
process every year.
Arc Patterns
In its last stage, parabolic arcs move vertically as
panic buying (climactic buy) in an absence of sellers
on some unfounded expectations/news/events. Most
of this climactic buy is driven by momentum and
amateur traders, in fear of being left behind. Finally,
by Suri Duddella the reality sets in with some negative event or
unfavorable news, and it takes out the buyers, this
creates Panic Selling. The prices reverse
dramatically with large ranges as the initial buyers
Parabolic Arc chart patterns form when a steep rise take profits. The traders who bought at the top also
in prices caused by irrational buying and intense start to sell on panic. Hence, in most cases, Parabolic
speculation. Parabolic Arc patterns are rare, but they Arcs are great trades after it reaches its panic buying.
are reliable and are generated in mega bull trends.
These patterns trend gradually making higher highs
and lower lows in the beginning stages but can be
volatile in the exhaustion and reversal stages.
Irrational buying in the public generates a strong
rally to push prices vertically, followed by a steep
sell-off. Examples of this market types are the
NASDAQ bullish markets during 1990-2000
(retraced 80%) and Gold prices from 2000-2011
(retraced 62%).
Parabolic Arc is a reversal pattern and has a very
predictable outcome. Although these patterns are
predictable, they are relatively difficult to trade since
Patterns
a channel connecting the top and bottom of the
pattern. Enter a “short” trade at the breakdown of the
channel trend line connecting the pattern high and
Parabolic Arc patterns consist of both panic buying pattern lows.
and panic selling scenarios. As a stock breaks out
and starts to rise investors tend to feel its rising cycle Target: Measure the distance of the rise from the
is never going to end and build confidence based on base to the top of the pattern. Most Parabolic Arc
hysteria. This misjudgment provides a blind faith in patterns return to the 62-79% of its rise. 50% is the
investors as the stock chart takes exponential curve first target.
based structure. In the state of rising parabolic arc,
the price continues to rise without a pause and (or)
Examples Parabolic Arc Charts
The following chart shows the Parabolic Arc pattern The above chart shows CMG chart and its trade.
formation in current USDCAD (weekly) from 2012 CMG traded in Parabolic Arc from 2008 to 2017
to 2016. Here are some of the key points and how it from a low of $36 to a high of $758. Once Parabolic
is traded. Arc is completed, a short trade signal is given below
$630 with a price target between $311 to $397.
Trading Parabolic Arcs Following chart shows current EFX Parabolic Arc.
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Chart Patterns & Algorithmic Trader (84)
ALNY (W) traded in parabolic arc pattern from 2011 to 2016 from a low of $5.88 to a
high of $140. In the middle of 2016, ALNY started drifting lower and gave a
Parabolic Arc short signal at $115 with targets at $73, $34-57. In January 2017,
ALNY reached its 50-62% price target.
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Chart Patterns & Algorithmic Trader (85)
NVDA (D) is currently trading in Parabolic Arc pattern. Currently there is no trade
trigger.
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Chart Patterns & Algorithmic Trader (86)
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Symbols Universe
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Symbols Universe
90
Books/Websites/Software
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