3309 Drysdale Ct
Edwardsville, IL 62025
Steve, Could that ending diagonal on the cup+handle chart also be seen as a handle on a slightly larger view? Thanks!
sbwoman..can you post a chart showing what you mean? The SPX has been a "V" move and there is no shoulder or handle that I see.
I was looking at your 30 minute cup and handle chart, and squinting my eyes, and seeing the ending diagonal as the handle, and the 1925 low on October 8 as the left shoulder??
Handles angle down not up. Simply put, there is not a deep enough pullback to form a proper RS or handle. This is simply a trend up.
Got it, thanks!
Subscribe to our email list for regular free market updates as well as a chance to get coupons!
Steve, Could that ending diagonal
SPX Intraday Views
Posted by sbwoman on 24th of Oct 2014 at 12:19 pm
Steve, Could that ending diagonal on the cup+handle chart also be seen as a handle on a slightly larger view? Thanks!
sbwoman..can you post a chart
Posted by steve on 24th of Oct 2014 at 12:33 pm
sbwoman..can you post a chart showing what you mean? The SPX has been a "V" move and there is no shoulder or handle that I see.
I was looking at your
Posted by sbwoman on 24th of Oct 2014 at 12:53 pm
I was looking at your 30 minute cup and handle chart, and squinting my eyes, and seeing the ending diagonal as the handle, and the 1925 low on October 8 as the left shoulder??
Handles angle down not up.
Posted by steve on 24th of Oct 2014 at 12:54 pm
Handles angle down not up. Simply put, there is not a deep enough pullback to form a proper RS or handle. This is simply a trend up.
Got it, thanks!
Posted by sbwoman on 24th of Oct 2014 at 12:57 pm
Got it, thanks!