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hi everybody this is Alan Elam in the blue-collar investor in todayamp;#39;s video weamp;#39;re going to discuss how to set up the technical chart for the blue-collar investor system of selling one month covered calls first letamp;#39;s talk about what exactly is technical analysis and the definition is is a method of predicting future stock prices based on historical stock price movements and we use technical analysis for a lot of a lot of reasons number one stock selection but we can also use it for a buy sell decisions as strike price selections and exit strategy determinations so technical analysis is a critical tool in the armamentarium for Cutco writers now there are a lot of technical parameters what Iamp;#39;m going to discuss today are the four that I use but feel free to use whatever parameters youamp;#39;re comfortable with what I do suggest is once you decide on the parameters that work best for you use them consistently so that when you pull up a chart theyamp;#39;re