Posted by tonygrusso on 1st of Apr 2009 at 10:56 am
Steve,
can the H&S pattern still be considered valid that you
discussed last night on QQQQ and RUT 60min chart despite this
strong rally off the morning lows?
Posted by dodgerdog on 1st of Apr 2009 at 10:58 am
Yes it can Tony - they have yet to take out their
shoulders. Again, that's why I said these patterns ONLY
confirm on break of their necklines. Need to take
things one day at a time.
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Steve, can the H&S pattern still
SPX wave C???
Posted by tonygrusso on 1st of Apr 2009 at 10:56 am
Steve,
can the H&S pattern still be considered valid that you discussed last night on QQQQ and RUT 60min chart despite this strong rally off the morning lows?
Yes it can Tony -
Posted by dodgerdog on 1st of Apr 2009 at 10:58 am
Yes it can Tony - they have yet to take out their shoulders. Again, that's why I said these patterns ONLY confirm on break of their necklines. Need to take things one day at a time.