A quote from Edwards and Magee ( the ultimate authority on chart
patterns):
“This formation is not a true Head and Shoulders for a number of
important reasons but we must admit that it is difficult to find a
better name for it….we shall accept the suggested name and call it
the Continuation Head and Shoulders.”
Admittedly rare and tends to occur in strong trends.
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Broke symmetry..looking to buy higher
SPX Very Short Term Bounce View
Posted by maroonk1 on 25th of Nov 2014 at 12:13 pm
Broke symmetry..looking to buy higher high at 61.8 fib.
Top?
Posted by maroonk1 on 19th of Nov 2014 at 10:01 am
Not looking good for bulls. ES broke up trendline and neutralized 2042 breakout.
Playing short side here
Short sp futures
Posted by maroonk1 on 11th of Nov 2014 at 09:25 am
Shorted SP futures below 50% of 2 hr green candle. Stop tick above the highs..If we break ending diagonal trendline, target about 2000
IWM topping?
Posted by maroonk1 on 10th of Nov 2014 at 12:22 pm
RSI 5 diverging from overbought at price resistance. Time for a correction?
Nice one Paige. TX Maroon
CREE daily
Posted by maroonk1 on 8th of Nov 2014 at 08:12 am
Nice one Paige.
TX
Maroon
IWM Weekly
Posted by maroonk1 on 7th of Nov 2014 at 02:23 pm
IWM took a break this week, preparing to zoom to the all time high and upper BB band
IWM triangle
Posted by maroonk1 on 7th of Nov 2014 at 11:49 am
IWM finishing a triangle
INUV
Posted by maroonk1 on 7th of Nov 2014 at 10:18 am
INUV broke out
Thanks Steve..It was a joke.
My Daily Prognostication..Sorry Steve!!
Posted by maroonk1 on 5th of Nov 2014 at 08:10 am
Thanks Steve..It was a joke. No offense intended.
You guys are great traders and super nice guys. I am in the process of listening to the Tutorial, amazing so far
regards,
Maroon
My Daily Prognostication..Sorry Steve!!
Posted by maroonk1 on 5th of Nov 2014 at 06:43 am
RUT lagging and at the upper trend line of Bull Flag and upper B-band... Hoping for a pullback for a long re-entry.
TX for the Gap support
SPX Intraday Views
Posted by maroonk1 on 4th of Nov 2014 at 12:11 pm
TX for the Gap support tip..
TX Matt
ES breaking down
Posted by maroonk1 on 4th of Nov 2014 at 10:42 am
TX Matt
ES breaking down
Posted by maroonk1 on 4th of Nov 2014 at 10:35 am
ES broke down from topping H&S and broke uptrend line
https://www.tradingview.com/x/usiBhQbd/
A quote from Edwards and
SPX Forming inverse H&S?
Posted by maroonk1 on 4th of Nov 2014 at 08:57 am
A quote from Edwards and Magee ( the ultimate authority on chart patterns):
“This formation is not a true Head and Shoulders for a number of important reasons but we must admit that it is difficult to find a better name for it….we shall accept the suggested name and call it the Continuation Head and Shoulders.”
Admittedly rare and tends to occur in strong trends.
SPX Forming inverse H&S?
Posted by maroonk1 on 4th of Nov 2014 at 07:59 am
Possible shallow retracement to 1973 Pivot forming a shoulder. Breakout target 2230.
ILMN
Posted by maroonk1 on 30th of Oct 2014 at 07:21 pm
Great Molecular diagnostics equipment maker
IBB
Posted by maroonk1 on 30th of Oct 2014 at 07:15 pm
Weekly continuation triangle
Sorry, I meant Bearries!! Thats
What Yellen Said to the Raging Bull
Posted by maroonk1 on 30th of Oct 2014 at 07:09 pm
Sorry, I meant Bearries!! Thats more polite..LOL
What Yellen Said to the Raging Bull
Posted by maroonk1 on 30th of Oct 2014 at 06:55 pm
Please do not get angry Mr Bull if I take away QE . Since the economy is improving, If you get hungry, you have my permission to
eat Bears!!
My count is 1 of 5 of III..should be a good run
Great. I look forward to
It is a Duck
Posted by maroonk1 on 23rd of Oct 2014 at 07:34 pm
Great. I look forward to your trading ideas if the market confirms the uptrend.
TX
Maroon