TCLTrader

High Probability, Low Risk Entry Pullback & Reversal Setups following the style of Al Brooks ( + IBD (

[TCLTrader @TCLTrader]

Our former Meetup group has transitioned from an IBD Meetup to a Facebook Group: https://t.co/fJ8NNuB9DW

We typically hold a free live session on the last Wednesday of most months (we skip August & December). The meeting is purely educational. Nothing is being sold or promoted. All setups and indicators discussed are free.

Our next meeting is tomorrow, Wed 10/29/25 from 7-9PM ET over Zoom. The meeting is free & will be recorded.

Due to prior issues with zoom bombing, the zoom link will be available only to those who are members of the (free) Facebook group. Please bear with us as we make the transition from Meetup to Facebook.

[TCLTrader @TCLTrader]

$QQQ 2Min. To get adept at finding TCL turning points, it's good to practice regularly on lower timeframes. Initially focus on High Probability With Trend trades. These are typically TCL Pullbacks or Retracements near the 200MA.

Once you have advanced, you can start to add in Reversals. Reversals are Low Probability trades but often highly profitable, as we recently had with $BE.

Today's 2 minute chart shows this concept clearly. Note the With Trend TCL retracement at ~12PM (which was the High of the Day) and the double TCL Reversal at ~2PM, which was the low for the rest of the day.

[TCLTrader @TCLTrader]

$ALAB Daily. Often it's best to take profits when a stock gives clear distribution signals rather than exit after a decline has started. Often big winners will gap down or move down very fast. $ALAB gave a clear sell signal on 9/18: a Doji bar above a TCL in the Upper Danger Zone. That was the signal to exit completely. IBD gave the signal to exit today after a decline of ~25%.

[TCLTrader @TCLTrader]

$FIG Daily. This Big Cap IPO is forming a TCL Reversal. This is a good area to start legging in a long position.

(for new folks: One of the advantages of doing Reversals on Recent IPOs is that we are often able to get in at the lowest low the stock will ever make. eg $RDDT, $CART, $ALAB, $AS posts from last year which turned into multi-baggers)

[TCLTrader @TCLTrader]

$BABA Daily. Hindsight Review. This Megacap Chinese stock has had a major run. Note how the TCLs highlighted most of high probability turning points. Today was a High Volume Doji bar, indicating potential distribution. Most of the up move is likely over. Look for a reversal soon to test the failed TCL reversal area (~25% down)

[TCLTrader @TCLTrader]

$BE Daily. Following up... it only took a few days for this stock to fall ~20% to the target area. Look to protect profits/scale out/exit your shorts in this area. Look to add on to the short if it bounces to retest the highs. More down likely as there is likely a lot of overhead resistance above.

[TCLTrader @TCLTrader]

$BE Daily. Once in while a stock gets carried away to an extreme. $BE has hit the extreme danger zone in both the weekly & daily timeframes. It is ready for a major reversal. Look for a 20-30% decline in the short term. Aggressive traders can leg into shorts in this area.

[TCLTrader @TCLTrader]

$SPX 15Min vs $SPXY15Min
We tend to think the SPX (index) and the SPY (ETF) have identical price patterns. But often they differ. Today is a good example. Note the difference between the SPX and SPY before the selloff today. The SPX gave the TCL warning while the SPY never hit the TCL.

(for new folks: TCLs (Trend Channel Lines) are drawn off the dots, which are 5 Ring Pivots)

[TCLTrader @TCLTrader]

$NBIS Daily. Hindsight Review. This recent AI related Big Cap IPO was a Big Winner. Note the Low Risk TCL Pullback entry and the move to the Upper Danger Zone now. This is a good area to protect profits and exit the position completely. The Reward:Risk of continuing to hold is not favorable.

[TCLTrader @TCLTrader]

$SPX, $VIX Hourly. Note the anomaly here. These indexes should be moving in opposite directions. But the VIX has started an up move while the SPX is mostly up & sideways. One of these has to give. I believe it will be the SPX.

[TCLTrader @TCLTrader]

$SPX Daily. The markets are at another major turning point in this area: a pending second TCL Reversal.
Caution is advised. Initial target area would be the failed reversal area in June (~8% Down). Confirmation would be a big red bar.

(for new folks: TCLs are drawn off the dots, which are 5 Ring Pivots. They are marked with arrows.)

[TCLTrader @TCLTrader]

$SPX Daily. The market has been in a very strong up move. But we have the first TCL Reversal signal now. Look for a potential Reversal in this area. A strong Red Bar soon would be the confirmation.

(for new folks: TCLs are drawn by connecting the dots & extending the line forward. They often portend potential turning points. Highest probability trades are with-trend Pullbacks, not Reversals)

[TCLTrader @TCLTrader]

Tonight's Northern Virginia IBD Meetup meeting is canceled. We apologize for this. We will meet again next month, on Wed July 30th, 7PM ET.

Please continue to do the homework: finding high probability income oriented setups & tracking them in Excel. We will review them at the next meeting.

[TCLTrader @TCLTrader]

$APP Daily. Following up...As expected, this stock continued the decline for a total ~55% drop. This is a good area to exit any remaining shorts. The reward:risk of being short is no longer in your favor.

[TCLTrader @TCLTrader]

$APP Daily. This stock is potentially getting ready for a major decline. Note the TCL at the top did not trigger and caused a massive short squeeze to near the Extreme Danger Zone after Earnings. Minervini calls this "Tennis Ball Action." It is now getting ready for a potential major decline. The Reward:Risk for holding a long here is very low.

[TCLTrader @TCLTrader]

$APP Daily. Following up... As expected this stock had a dramatic decline of about ~20% in the last ~5 Days. If you went short this is a good area to lock in some profits.
As a general rule, when you get fast rapid profits, it's good to lock in at least a portion & not give it back.

[TCLTrader @TCLTrader]

$TSLA Daily. This stock did not bounce as expected, but sold off hard instead and had a Failed TCL pullback. When these occur, price often comes back to test the failure area. This becomes a high probability trade. Expect a test of this area soon. This will be to the ~$300 area, about ~25% up.

[TCLTrader @TCLTrader]

$TSLA Daily. (1/2) This stock started the recent selloff after hitting the Upper Danger Zone. Note how it is testing all the failed TCL reversal points. It's now at a potential bounce point even though there is a target area below. Wait for a solid green bar or a H2 Long in this area for a potential bounce up.

[TCLTrader @TCLTrader]

$SPX Daily. One of Al Brooks' teachings is that TCLs often act as Magnets for Price. The SPX has hit a TCL pullback area. Look for a market bounce in this area. A move above a green bar or a 2nd Attempt (H2 Long) will be the confirmation.

(for new folks: TCLs are drawn by connecting 2 dots & extending the line forward. The arrows on the chart highlight the dots. Dots are just simple 5 Ring Swing Points.)

[TCLTrader @TCLTrader]

$T2108 Daily. This Worden indicator (% of Stocks Above the 40MA) has been a reliable indicator of market bottoms when it hits the Bottom Danger Zone. It has hit that area now. Look for a market bounce soon.

[TCLTrader @TCLTrader]

$PLTR Hourly. Following up... As expected, this stock has collapsed close to the second Target Area. Look to protect profits on the short position in this area. A decent ~25% profit in ~5 Days with No Heat!

[TCLTrader @TCLTrader]

$PLTR Daily. This heavily touted stock is on the cusp of a down move. It's got classic signs of distribution, esp the Doji bar above a TCL in the Upper Danger Zone. I'm expecting an initial decline of 15-20%. Caution is advised.
(After a long hiatus, I'm resuming posting again)

[TCLTrader @TCLTrader]

$PLTR Daily, Hourly. Following up. This stock had a big red bar down today. It's likely the start of major leg down. If you have not exited, look to exit soon or on a possible retest of the high. Target areas are well below.
The hourly chart (pic2) shows the Low Risk TCL Short Setup prior to the big move down today.

[TCLTrader @TCLTrader]

$UVXY Hourly. Following up... The big drop in the markets yesterday came as a surprise to many. But this VIX instrument gave a 2-3 day warning. Once you start watching the VIX & other market indicators, you'll often get foresight into potential pending moves and be better prepared.

[TCLTrader @TCLTrader]

$UVXY Hourly. This VIX related instrument (ProShares Ultra VIX Short-Term Futures ETF) often portends major short term moves in the market.

It now has a TCL Reversal signal at Prior Support (ie, a Combo2 Reversal). Thus indicating an imminent Big Red Bar or a potential down leg in the markets very soon. Time to be cautious with longs.