Everyone in the free world sees it- that's the problem -
clearly an important support level with big gap below.
Hopefully we get a bounce around that support zone but I'm not
anticipating a full textbook measured move on SPX IHS pattern -
more likely a retest of highs (flat) or slightly higher highs like
earlier this year. Again, best to trade what's in front of
your.
yes zubeldia - Steve and I have covered the pattern since early
last week. It's possible just like anything in the market, but
personally view that as less likely scenario. Especially if a
broader top is in the market
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Do I see an inverse
SPX 10 and 60 min
Posted by zubeldia on 14th of Nov 2018 at 11:24 am
Do I see an inverse H&S here? October 11 left shoulder, October 30 head, now right shoulder? Will it complete?
Everyone in the free world
Posted by steve on 14th of Nov 2018 at 11:25 am
Everyone in the free world sees it- that's the problem - clearly an important support level with big gap below. Hopefully we get a bounce around that support zone but I'm not anticipating a full textbook measured move on SPX IHS pattern - more likely a retest of highs (flat) or slightly higher highs like earlier this year. Again, best to trade what's in front of your.
yes zubeldia - Steve and
Posted by matt on 14th of Nov 2018 at 11:32 am
yes zubeldia - Steve and I have covered the pattern since early last week. It's possible just like anything in the market, but personally view that as less likely scenario. Especially if a broader top is in the market