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System Trading with Woodshedder

Woodshedder
Joined Nov 11, 2007
1,458 Blog Posts

Ye Olde Cup With Handle Screen

Woodshedder Thu Oct 18, 2012 10:51pm EST 2 Comments

Well, as I predicted, we did not experience a real correction. I did predict a bounce, but did not guess it would be sustained the way it has been. Perhaps $SPY will weaken here and head back towards the 50 day average.

The High Tight Flag screen has not been producing anything new over the past couple of days, but $INSM and $IMH still look good.

The screen that has returned some interesting plays is the Cup with Handle Screen.

Have a great Friday!

 

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2 comments

  1. charlie
    charlie
    October 19, 2012 at 2:00 am

    Thanks buddy

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