Nice inverse H&S in the making (s&p500)

padutrader said:
do not get excited

markets do not enter a bear phase without distribution and that means months of sideways movement

if bulls are exhausted they will take a rest and be back

a 10% fall is a correction but to short term day traders it will look like a bear market
More...

gotcha.

20190426-18-48-36-001.png
 
TA is not only about
drawing trend lines here and there,
label i ii iii iv v, A B C here and there,
fibo here and there ...

at times, market is simply not trending and that's where we sit on our hands
and don't trade.
do go through my posting #14
 
maxinger said:
TA is not only about
drawing trend lines here and there,
label i ii iii iv v, A B C here and there,
fibo here and there ...

at times, market is simply not trending and that's where we sit on our hands
and don't trade.
do go through my posting #14
More...

What would posting #14 mean ? I've searched your post history from page 108, 14 posts from the first post, but i cant relate anything in regards to your suggestion.
 
Last edited:
maxinger said:
TA is not only about
drawing trend lines here and there,
label i ii iii iv v, A B C here and there,
fibo here and there ...

at times, market is simply not trending and that's where we sit on our hands
and don't trade.
do go through my posting #14
More...
I am pretty new with the S&P so i'm trying to get a feel for it. That's why I trade it alot for now.
Wasn't too dissapointed with the charts provided.
 
Last edited:
Heydrrich said:
I am pretty new with the S&P so i'm trying to get a feel for it. That's why I trade it alot for now.
Wasn't too dissapointed with the charts provided.
More...
I mean the upmove was anticipated and the c&h call is still valid, had some trouble at the resistance i admit, i feel that's why i need to feel the s&p out a little more.
 
You must log in or register to reply here.
Back
Top