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The H&S fromations should be taken into consideration ONLY whne the price break through the neckline ANd coroborated with other signs (divergences, etc). otherwise not. Last big H&S that was trying to trick me was in april i think and if it would played the ball it would have made a killing...Sqwii wrote:People must be blind if they cant see a CLEAR topping HS pattern on 5 min chart with right shoulder in now at 132.75.... now lets see the flush from here.... targets below 1300 SPX
Hi Anaconda,Anaconda wrote:GM all,
Shorted oil this AM at $98.80.
this is a counter-trend trade as crude is firmly in an uptrend. there was huge buying volume yesterday and 97.50 is strong support. good luck ...champix wrote:Hi Anaconda,Anaconda wrote:GM all,
Shorted oil this AM at $98.80.
Short either on Crude @ 98.55... I am looking for 97.55 target. Cross fingers...
Welcome into the water! I'm targeting 96.75 based on the following charts. The 10-min points to the target.champix wrote:Hi Anaconda,Anaconda wrote:GM all,
Shorted oil this AM at $98.80.
Short either on Crude @ 98.55... I am looking for 97.55 target. Cross fingers...
Definitely for sure.vancouverea wrote:this board will have more ppl coming~Cobra wrote:by the way, any of you guys remember what happened the last time we had a new record online? We had a new record again yesterday, so it could mean a pivot point? Any thoughts?
Closed @ 97.55 ! It will be it for me ! But your target is clearly on the way !Anaconda wrote:Welcome into the water! I'm targeting 96.75 based on the following charts. The 10-min points to the target.champix wrote:Hi Anaconda,Anaconda wrote:GM all,
Shorted oil this AM at $98.80.
Short either on Crude @ 98.55... I am looking for 97.55 target. Cross fingers...
wow he is saying further qe may not be effective!soku wrote:heads up. ben is talking about possible rate hike in case of t downgrade. dx rally, es is still hesitating
too much damn headline risk in this market...soku wrote:heads up. ben is talking about possible rate hike in case of t downgrade. dx rally, es is still hesitating