Inv H&S no as we've been saying. Slanted H&S yes
possible valid pattern based on Edward and Mcgee. bulls gotta pull
a rabbit out of their hat to turn this around. If it wasn't
Thanksgiving week I'd say that would be impossible.
Otherwise just because it's Thanksgiving week doesn't mean you
go up, remember the stats are buy weakness into Thanksgiving (so if
the market sells into Wed you buy), if it's strong into Wed you
sell.
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HS or IHS ? my
Posted by trader5 on 19th of Nov 2018 at 05:31 pm
HS or IHS ? my guess neither
Inv H&S no as we've
Posted by matt on 19th of Nov 2018 at 06:01 pm
Inv H&S no as we've been saying. Slanted H&S yes possible valid pattern based on Edward and Mcgee. bulls gotta pull a rabbit out of their hat to turn this around. If it wasn't Thanksgiving week I'd say that would be impossible.
Otherwise just because it's Thanksgiving week doesn't mean you go up, remember the stats are buy weakness into Thanksgiving (so if the market sells into Wed you buy), if it's strong into Wed you sell.