I Spy Iinverted H&S + Cup/Handle in Sand P!
Chart shows all. IF it goes it will get another 10% IMO, ending around 3750 ish after election.
Just an idea, not advice; trade at your own risk!
Just an idea, not advice; trade at your own risk!
Note
It's really close to turn IMO; wait-see Tues how it plays and look to long ~3400, at the 0.50Note
Looks like it bounces from the Fibo; if we get a deal it will Bull; if not, Bear againNote
Futurz trade at fibo 3408 lets see if it bounces!Trade active
Going long, internals are solid: marketwatch.com/story/dow-sp-500-and-nasdaq-fall-but-breadth-data-is-decidedly-bullish-2020-10-22?mod=mw_latestnewsTrade active
Flipped the calls in AM and played Fade Gap for nice net. Monday might retest lows from Thursday before moving higher, price action still bearish atm. In cash.Note
SPX sells but nothin like Thursday; most of action in NQ1, PM price is well above Thursday low and steady in narrow range. If no late PM selloff, likely pivot higher next week IMONote
Fake breakout on Fri 10/23 followed by hard sell on Mon 10/26, near oversold but room for another drop IMO. DAY TRADING ONLY!Trade closed manually
IMO C&H is invalidated. Looks like a zig-zag correction going since 3 Sep; 28/29 Oct looks a lot like 23/24 Sep, if it plays the same, gonna get a big Green candle soon.No shorts; a few hedged longs.
Note
Just reviewing old ideas; this is perfct example of how deceptive patterns can be. C&H turned out to be part of a larger Zig-Zag correction! Whipsawed to Death!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.