Whos betting on the inverse H&S?

R

RangeTrader

I'm expecting a breakout at some point in the next couple weeks. Would be nice to see a nice long bear squeeze before the summer crash next month.

Not getting on board until I see the buyers starting to flood in. Odds are it won't be until next week because were a bit overbought at the moment.
 

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Here is the mid 2007 inverse H&S before the last push into the highs...

Exact same setup. Same price relation to key moving averages, same momentum waveform... Perfectly exact...
 

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