so here's two potential patterns on the market, one is a bearish
descending triangle, one is a complex H&S. Which one is
right? They both are until the market makes its
move.
Posted by junkmaylbox on 26th of Jan 2009 at 04:50 pm
Matt, So a close above 852 will confirm the bullish scenario?
Also, how much upside could this market realistically have? I am
positioned on a short side with a swing position now. Thanks for
your information and your constant intraday updates. I really
appreciate your postings, they do hep me with my trades.
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SPX 30 min chart.png Dow 30 min chart.png so
Posted by matt on 26th of Jan 2009 at 04:30 pm
so here's two potential patterns on the market, one is a bearish descending triangle, one is a complex H&S. Which one is right? They both are until the market makes its move.
Steve Nelson will be doing tonights update
Matt, So a close above
Posted by junkmaylbox on 26th of Jan 2009 at 04:50 pm
Matt, So a close above 852 will confirm the bullish scenario? Also, how much upside could this market realistically have? I am positioned on a short side with a swing position now. Thanks for your information and your constant intraday updates. I really appreciate your postings, they do hep me with my trades.