Initial focus is the potential for a falling wedge (or double
bottom). The potential HS top (somewhat iffy) would need to
see a clean break/backtest followed a lower low.
Posted by windyjazz on 23rd of Oct 2013 at 02:36 pm
and the most recent head is shorter than the oldest head with a
1740$SPX neckline...but you never no these PM's are really nuts
which is why they can't decide to go up or down today and we still
have not tested that rising wedge....what do you think cubby? up or
down end of day?
SPX 10 min - good analysis, Steve. Let's see if the same head
and shoulder pattern develops in any of the higher time frames as
well on the SPX. Have a good day. Howard NYC
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SPX 10 View
Posted by steve on 23rd of Oct 2013 at 12:27 pm
$SPX - Chart Link
Initial focus is the potential for a falling wedge (or double bottom). The potential HS top (somewhat iffy) would need to see a clean break/backtest followed a lower low.
re: SPX 10 View
Posted by cubby on 23rd of Oct 2013 at 01:53 pm
Which gap gets filled next?
Also, Living in the gap-box.
the two headed H&S
Posted by windyjazz on 23rd of Oct 2013 at 02:36 pm
and the most recent head is shorter than the oldest head with a 1740$SPX neckline...but you never no these PM's are really nuts which is why they can't decide to go up or down today and we still have not tested that rising wedge....what do you think cubby? up or down end of day?
I'm looking at two bearish
Posted by cubby on 23rd of Oct 2013 at 02:40 pm
I'm looking at two bearish forex crosses. Basically, Yen strength is a bad thing right now.
Title: SPX 10 min -
Posted by hweinstein4 on 23rd of Oct 2013 at 12:32 pm
SPX 10 min - good analysis, Steve. Let's see if the same head and shoulder pattern develops in any of the higher time frames as well on the SPX. Have a good day. Howard NYC