steve, could you explain what you mean by that?

sorry.  neckline at 186.85

is it doing a H&S with neckline at 185.50 on the 15 minute chart?

looks like inverse H&S that takes the SPX back to the recent highs.  IMO.

no. it was bob carver at marketclues.net.

I think Larry Williams is looking for a bottom in the general market then too.  Bradley model has a bottom in mid-July too.

One source I follow suggests the market in general will fall into the mid-July timeframe which will frighten the FED and they will start printing like mad causing gold/stocks to take off.

just a thought,

thanx,

pintopower

Matt/Steve - 

When you get the chance could you (perhaps during tonights newsletter) go into more detail on what you think of oil?  The reason I ask is that the airline stocks look interesting and may be impacted by the price of oil.

LFL - is doing a large triangle over the last year with the top of the triangle starting in June 2013.  It is near the top of the triangle now and could breakout but the indicators are near the top too.

JBLU - is doing a horizontal trading range since Nov/Dec and could break out either way (perhaps depending on oil price)

LUV- since september of last year has been in an up trending channel but it testing the channel from underneath which may indicate that it will fall (is oil going up?).

FDX - descending triangle?

GOL - possible ascending triangle?

I don't have a stock charts account and don't know how to post Thinkorswim charts here.

thanx,

pintopower

HIMAX has been in an up trending channel for the last year and a smaller downtrending channel last last couple months.  It looks like HIMAX is about to (if not already) falling out of the longer up trending channel on large volume when the SOX index is up today.  Do own DD.

pintopower

The daily netflix chart in the newsletter looks like it is doing a right shoulder of a H&S pattern -  might give an idea about how high the bounce will go.  With the silver and GDX charts looking like bear flags I guess the dollar is going up?

To me it looks like a head and shoulder on the amzn chart with the stock on the neckline

Full disclosure- Chart  from public gold scents blog.

I think I saw on bloomberg that RF Micro Devices has sought to acquire TQNT for 9.73/share.  So you may want to check the news.

thanx,

pintopower

JO is doing an inverse head and shoulders which measures up to about 28.3