Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Tue Oct 20, 2015 2:23 pm
Possible falling wedge
A bullish pattern; “
it’s still bearish until breakout ”
HOWEVER
“it breaks downward 69% of the time” [Bulkowski]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BigChief
Posts: 168 Joined: Mon Oct 10, 2011 10:07 am
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by BigChief » Tue Oct 20, 2015 2:24 pm
Al_Dente wrote: Possible falling wedge
A bullish pattern; “
it’s still bearish until breakout ”
HOWEVER
“it breaks downward 69% of the time” [Bulkowski]
1020wedge.png.png
good info! I go with the Bulk
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Tue Oct 20, 2015 2:31 pm
BigChief wrote: Al_Dente wrote: Possible falling wedge
A bullish pattern; “
it’s still bearish until breakout ”
HOWEVER
“it breaks downward 69% of the time” [Bulkowski]
1020wedge.png.png
good info! I go with the Bulk
There’s the falling wedge breakout
Here’s the target:
http://thepatternsite.com/fallwedge.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Cobra
Site Admin
Posts: 61830 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Tue Oct 20, 2015 2:32 pm
mini target reached, but not enough as it's not reached with consecutive bull bars.
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BigChief
Posts: 168 Joined: Mon Oct 10, 2011 10:07 am
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by BigChief » Tue Oct 20, 2015 2:34 pm
bears are so boring, too cuddly with the bulls
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Tue Oct 20, 2015 2:34 pm
SPX.. yea.. sill looking very weak.. minor bear flag 5m.. … VIX invs H&S forming..
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Junior Buffett
Posts: 1089 Joined: Mon Apr 15, 2013 4:39 pm
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by Junior Buffett » Tue Oct 20, 2015 2:36 pm
Al_Dente wrote: BigChief wrote: Al_Dente wrote: Possible falling wedge
A bullish pattern; “
it’s still bearish until breakout ”
HOWEVER
“it breaks downward 69% of the time” [Bulkowski]
1020wedge.png.png
good info! I go with the Bulk
There’s the falling wedge breakout
Here’s the target:
http://thepatternsite.com/fallwedge.html
I may be reading something else, but it says chances of break upward is 69%....
uempel
Posts: 8685 Joined: Tue Feb 15, 2011 6:38 am
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by uempel » Tue Oct 20, 2015 2:36 pm
Two bullish views. At the moment SPX is sitting on the WMA 75. Only a close below the MA 377 (today at 2018.69) alters my bullish bias.
DellGriffith
Posts: 1803 Joined: Sun Aug 25, 2013 5:24 pm
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by DellGriffith » Tue Oct 20, 2015 2:37 pm
Still looks like a breakdown coming to me.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
Unique
Posts: 3911 Joined: Tue Sep 06, 2011 3:19 pm
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by Unique » Tue Oct 20, 2015 2:37 pm
Unique wrote: TSLA out half +300%. Could double bottom here
TSLA: All out. I gotta go, good luck everyone.
BigChief
Posts: 168 Joined: Mon Oct 10, 2011 10:07 am
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by BigChief » Tue Oct 20, 2015 2:38 pm
Unique wrote: Unique wrote: TSLA out half +300%. Could double bottom here
TSLA: All out. I gotta go, good luck everyone.
good luck on your date!
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Tue Oct 20, 2015 2:40 pm
Junior Buffett wrote: Al_Dente wrote: BigChief wrote: Al_Dente wrote: Possible falling wedge
A bullish pattern; “
it’s still bearish until breakout ”
HOWEVER
“it breaks downward 69% of the time” [Bulkowski]
1020wedge.png.png
good info! I go with the Bulk
There’s the falling wedge breakout
Here’s the target:
http://thepatternsite.com/fallwedge.html
I may be reading something else, but it says chances of break upward is 69%....
THANK YOU SO MUCH
i stand corrected
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Shaishen
Posts: 268 Joined: Tue Jul 01, 2014 3:57 pm
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by Shaishen » Tue Oct 20, 2015 2:49 pm
1 min /ES looks like forming a cup - no handle yet - then ramp into close similar to last 3 days, starting round 1:45 pm est so already started?
DellGriffith
Posts: 1803 Joined: Sun Aug 25, 2013 5:24 pm
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by DellGriffith » Tue Oct 20, 2015 2:50 pm
This tiny rally has compressed some bands to miniscule size geez. Something big should be coming soon.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Tue Oct 20, 2015 2:55 pm
5min
those last two 5min bars are sqz bars
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
MrMiyagi
Posts: 10342 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Tue Oct 20, 2015 2:55 pm
BEARS ARE DEAD AGAIN!!!!!!!!!!!!!!!!!!