fehro wrote:Tradingview SPX500 CFD ~ /ES ish… mind the H&S 15m.. could see a 17 point drop if it goes near the end of day.. seems the RS needs more time
Where is the right shoulder, 1887 - 1889? 1892?
If bears want to be stealthy about it.. Right Shoulder is done.. neckline break look out below!
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Last edited by fehro on Tue Feb 16, 2016 11:27 am, edited 2 times in total.
This system suggests a rally which could reach the SPX 1920 area - a move beyond most likely a bull trap. But at the moment this is hypothetical. SPX first has to close above the MA 20 at 1885.
Last edited by uempel on Tue Feb 16, 2016 11:03 am, edited 1 time in total.
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fehro wrote:Tradingview SPX500 CFD ~ /ES ish… mind the H&S 15m.. could see a 17 point drop if it goes near the end of day.. seems the RS needs more time
Where is the right shoulder, 1887 - 1889? 1892?
If bears want to be stealthy about it.. Right Shoulder is done.. neckline break look out below!
Thinking that we are just starting to form right shoulder here. Thinking neckline in futures has just been completed, so right shoulder is 1880? ($SPX FUTURES)
Last edited by ALdaytrade on Tue Feb 16, 2016 11:39 am, edited 1 time in total.
fehro wrote:Tradingview SPX500 CFD ~ /ES ish… mind the H&S 15m.. could see a 17 point drop if it goes near the end of day.. seems the RS needs more time
Where is the right shoulder, 1887 - 1889? 1892?
If bears want to be stealthy about it.. Right Shoulder is done.. neckline break look out below!
Thinking that we are just starting to form right shoulder here. Thinking neckline in futures has just been completed, so right shoulder is 1880? ($SPX FUTURES)
could be.. yellow neckline testing at the moment.. cyan H&S .. RS 1882-1885? (SPX) ** 20d sma 1884.94
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Last edited by fehro on Tue Feb 16, 2016 11:54 am, edited 1 time in total.