Richie, Shanky’s H&S pattern is likely a match for an ABC pattern too. If the market breaks out of the triangle/wedge that it’s in right now, then it could hit that black line for a backtest in that chart. That would be 1333-1335 depending on when it hits it.
Richie, Shanky’s H&S pattern is likely a match for an ABC pattern too. If the market breaks out of the triangle/wedge that it’s in right now, then it could hit that black line for a backtest in that chart. That would be 1333-1335 depending on when it hits it.
Richie, Shanky’s H&S pattern is likely a match for an ABC pattern too. If the market breaks out of the triangle/wedge that it’s in right now, then it could hit that black line for a backtest in that chart. That would be 1333-1335 depending on when it hits it.
I see it Dee, and I got your email. That’s most likely a late fill because it’s the same level of the gap window. And by the way, I’m still learning too.
wow..this market is insane…. the are powering this guy..up up and away..
Thanks Leo.
The resistance line in daily chart looks strong. So it should break 200 dma shortly.
Richie, Shanky’s H&S pattern is likely a match for an ABC pattern too. If the market breaks out of the triangle/wedge that it’s in right now, then it could hit that black line for a backtest in that chart. That would be 1333-1335 depending on when it hits it.
Richie, Shanky’s H&S pattern is likely a match for an ABC pattern too. If the market breaks out of the triangle/wedge that it’s in right now, then it could hit that black line for a backtest in that chart. That would be 1333-1335 depending on when it hits it.
Richie, Shanky’s H&S pattern is likely a match for an ABC pattern too. If the market breaks out of the triangle/wedge that it’s in right now, then it could hit that black line for a backtest in that chart. That would be 1333-1335 depending on when it hits it.
Nice catch on MSFT San… it’s likely to fall through the 200dma on the next hit.
I see it Dee, and I got your email. That’s most likely a late fill because it’s the same level of the gap window. And by the way, I’m still learning too.
MSFT Near 200 dma : http://niftychartsandpatterns.blogspot.com/2011/03/msft-near-200-dma.html
Another Spy FP at 11:22 am – 132.39 sending the print to Red…. someday I will learn how to do this
red,
this is how shanky is seeing this move on the 60 min spx. it is a h&s pattern – and it looks still valid…
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3186525&cmd=show%5Bs161800628%5D&disp=P