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Intraday inverted head and shoulders patterns (simply the bullish version of the head and shoulders topping pattern) are tough for me to get overly excited about, due to the ephemeral nature of short-term setups and how ubiquitous they appear to be. However, if the bulls are going to get their holiday rally in the next two days, then this is their precise chance. As you can see on the hourly chart below of the SPY ETF, we have that inverted head and shoulders bullish setup, with a clear neckline which translates into roughly 1322 on the S&P 500. If this pattern fails, then all bets are basically off for the rah-rah holiday action.
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Naughty
you love naughty
I love naughty too …
LOL Love it!
good stuff gap
To damned funny!!!
ha, thanks man
Always informative hilarious posts. The best part is they are always educational or actionable (usually both). Got in on your REXX this morning – thanks, as always, for helping a young trader navigate the markets and emphasizing and embodying what the business is really about – self control, discipline, integrity, openness, and work ethic.
Chess-Nice charts you posted earlier. You do good work on finding excellent setups. Thanks
Ahnold, back in the day … love it 8)
for a sec, I thought it was this guy –> http://ibankcoin.com/chessnwine/files/2011/05/mda1125.jpg
“A pump is better than coming.”
Potere รจ Meglio di Fottere
I’m ready.
CHESSNWINE deserves his spot in the glory h………