Symmetrical Triangles Explained A symmetrical triangle chart pattern is a period of consolidation before the price is forced to break out or down. A breakdown from the lower trend line marks the start of a new bearish trend, while a breakout from the upper trend line indicates the beginning of a new bullish trend. Tomorrow we could head down toward the 20day ma.
5day may be finishing a right shoulder to a bearish h&s. Aapl may be pulling back as it broke important trendlines Friday.
Waiting for a handle on the chart which should hopefully signal a downward trend for futures. I see a possible inv h&s forming on the 5 day. 👀
I have a puts. We broke trend Fri morning. I was a bull before Fri morning. MY how tables switch quick.😈
I figure if aapl follows the same trend than... but I'm totes happier f0r higher! 196 is what I believe we should hit by next Friday. Atheist. We shall see.