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we also did not break above Friday's high, did we?Cobra wrote:so far the chart doesn't look bullish.jarbo456 wrote:either way, it's bearish no?Cobra wrote:still looks like a Descending Triangle.
i am short, and have been. holding on for the follow through on the pattern.
either way, it's bearish no?Cobra wrote:still looks like a Descending Triangle.
ewww. that's a break on my chart.Cobra wrote:tough call here, I'll watch. not sure if it's a bear flag. green line below must hold.
thanks.99er wrote:jarbo456.
Bearish.
is that a bearish or bullish gartley/butterfly?99er wrote:And what's that picture on the front page?
ES http://99ercharts.blogspot.com/2011/08/es_22.html
Oh...another Butterfly.
can you show us the chart? i'm not seeing the engulfing pattern.ocassional observer wrote:just wanted to mention that ruling out a huge rally today we'll have a bearish weekly engulfing on RUT,SPX. cobra, do you know what are the success rates for this pattern?
law of gravity - after all we all do still live on planet earth...what goes up, must come down.uempel wrote:And some day, in the not so distant future, apple will be a great short...99er wrote:(Reuters) - Technology company Apple is now worth as much as the 32 biggest euro zone banks.