The worst intraday out come for bears is a push up to new ATH with a closed like Hanging man candle (daily) still bearish but most pain on early bird bears.
My comments are for entertainment/educational purpose only. NOT a trade advice.
uempel wrote:Al_Dente, you say IWM has met its target. These ellipses on daily SPX suggest that next target is 2206ish - quite close to today's high.
As to the x-axis, there should be a good move on December 6th. No idea what's going to happen until then - sideways
Thanks boss
MORE ON IWM
Inverse H&S target is about 137.60 [edit: or 137.00], but that is long term, WEEKLY
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Yeah, of course. The SPX 2207 is only short term. My eyes don't see a major reversal anytime soon. Perhaps a quick kiss down at 2130ish possible (due to some spontaneous Tweet by Trump ...)
As to the tweets out of the NYT building: I'm really enjoying them
Al_Dente wrote:
uempel wrote:Al_Dente, you say IWM has met its target. These ellipses on daily SPX suggest that next target is 2206ish - quite close to today's high.
As to the x-axis, there should be a good move on December 6th. No idea what's going to happen until then - sideways
Thanks boss
MORE ON IWM
Inverse H&S target is about 137.60, but that is long term, WEEKLY
so far looks like another morning dip then up and up and up day?
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