i would have liked to think the 5 min H & S pattern would
have lead to more downside, but the breadth is +2k and really
hasn't budged at all so it's unlikely. With regard to your
the "thin the herd" comment, I always thought that was what a short
squeeze accomplished!
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H&S SPX
Posted by steever on 29th of Apr 2009 at 03:29 pm
would anyone else consider the 5 min pattern in SPX a H&S?
i thought so as well
Posted by ella on 29th of Apr 2009 at 03:54 pm
i thought so as well measures to 865ish
i would have liked to
Posted by steever on 29th of Apr 2009 at 04:01 pm
i would have liked to think the 5 min H & S pattern would have lead to more downside, but the breadth is +2k and really hasn't budged at all so it's unlikely. With regard to your the "thin the herd" comment, I always thought that was what a short squeeze accomplished!