Joey Fundora, a.k.a. Downtown Trader focuses on using technical analysis techniques to uncover supply and demand imbalances in equities. Here we talk about how he uses a 20 period moving average and "regression to the mean" to spot places where other traders are panicking and ready to get out. We also talk about using Bollinger Bands and finding points where there is a "psychological imbalance" in order to swoop in and take advantage of short-term moves.
