The Pitchfork in Action

Hi Shoppers,

Ever see a pitchfork in action?

It’s pretty pretty amazing.

Check it out here on the weekly chart of Amazon (AMZN) that goes back to December 27, 2022:

Here is a pitchfork on Friday’s SPX five minute chart:

You know it is a valid pitchfork as it continues to honor the support and resistance levels of each channel.

The pitchfork provides many things:

  1. Shows you the trend
  2. Tells you where the stock is going (up, down, sideways)
  3. Shows support and resistance levels (where it will pivot or turnaround)
  4. Gives you exact price targets into the future
  5. Can be used on any time frame (weekly, daily, five minute charts)

It is an amazing charting tool that has been around for a hundred years.

I can teach you how to draw and use them.

Join me in my seven week Mastermind program to learn charting and trading 1DTE options. We will also have a bonus week on the newly trading Single Stock Futures.

Come join the fun!

Licia Leslie

Licia Leslie

Licia Leslie

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Licia Leslie

Profits in Pumps

About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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