Gotta love ZERO RISK in the SP500 = $$$

Up 20% on my account this week, but still holding some large losing long positions. Since I believe that equity indices always return to their high marks eventually I won't sell them and instead keep them hedged with shorts to prevent my account blowing up. Will be interesting to see if the downtrend continues next week.
 
nickynoes said:
Anyone else seeeing the H&S on 1h and 4h?
More...

I see what you're looking at, but I would not trade that as a H&S because there is no significant rally before it. We had a drop, so if it was an inverse H&S it would be valid for me, since H&S are reversal patterns.
Just my two cents.
 
You must log in or register to reply here.
Back
Top