Posted by fkarlson on 16th of Jul 2009 at 01:28 pm
Thank you for your replies, Steve. This blog is very interactive
and for that matter educational and I do appreciate that--far
superior to experiences I have had in the past with other advisory
services.
You mentioned that the inverse H & S with the target at
1000+ is still operational. Would this be true if there were no
right shoulder? or do you see something else that is sufficient for
this? I am unclear on this point. I tend to be a swing trader and
so I do weigh all possibilities.
At any rate, your prior answer seemed to say that you regard EW
as bearing more weight than a possible H & S pattern.
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Thank you for your replies,
SPX chart from jtverr on blog
Posted by fkarlson on 16th of Jul 2009 at 01:28 pm
Thank you for your replies, Steve. This blog is very interactive and for that matter educational and I do appreciate that--far superior to experiences I have had in the past with other advisory services.
You mentioned that the inverse H & S with the target at 1000+ is still operational. Would this be true if there were no right shoulder? or do you see something else that is sufficient for this? I am unclear on this point. I tend to be a swing trader and so I do weigh all possibilities.
At any rate, your prior answer seemed to say that you regard EW as bearing more weight than a possible H & S pattern.