Gotta love ZERO RISK in the SP500 = $$$

[KevinD]

Nine_Ender:

Here is the proof that you are an absolute imbecile. Now you can kindly remove your post above that implies that I had any imagined conversation with you.

For future reference, Volente and KevinD are not even remotely similar names

 

[nickynoes]

There was no H and S today. However, since you suggested it, then I must point out that you left out the most important part and that is of the "measured move" . ---you can see that the move is over according to that. --and you overdrew you question mark.

I'd be interested in knowing what you think qualify as a H&S, as today was pretty much textbook. And I do not measure moves as I'd rather try to decide which direction is most probable for the day and then just go with the flow.

 

[volente_00]

There was no H and S today. However, since you suggested it, then I must point out that you left out the most important part and that is of the "measured move" . ---you can see that the move is over according to that. --and you overdrew you question mark.

Izzy stop trolling. I posted the measure move targets on borh ym and es early this morning when we were making the right shoulder

What was the exact ym low today ?

Tues-thurs YM

Shoulders 24900
Heads 25200
Neck 24500

Projection is 23,800's


Es


Head 2726
Shoulders lopsided 2700 and 2686
Neckline slopes from 2660-2646

Projection 2594 to 2566.

 

[nickynoes]

Izzy stop trolling. I posted the measure move targets on borh ym and es early this morning when we were making the right shoulder

How do you go about measuring moves?

 

[volente_00]

How do you go about measuring moves?

The distance from top of head to neckline is the measured move projection area from the break of the neckline

 

[nickynoes]

The distance from top of head to neckline is he measure move projection area

Interesting, thanks, as I said Im not an expert in this pattern.

 

[Buy1Sell2]

I'd be interested in knowing what you think qualify as a H&S, as today was pretty much textbook. And I do not measure moves as I'd rather try to decide which direction is most probable for the day and then just go with the flow.

There was no third pop or neckline. In addition this was in a declining market and H and S occurs during a rising market

 

[Brianharvey]

You need a smart phone to take to the gym to monitor and execute trades

I'll worry about that when I consistently have the faintest idea of where the market is headed!

 

[volente_00]

There was no third pop or neckline. In addition this was in a declining market and H and S occurs during a rising market

Market was rising from 2529 to 2726

 

[nickynoes]

Looking like the overnight will retest the low.