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Post by huh on Nov 14, 2018 19:53:08 GMT -5
wonder if we'll get a santa rally I'm still hoping for a turkey rally. Here's the only positive takeaways I see from today... NDX SPX (larger iH&S not looking good, but smaller one - in purple - could still be in play, though sloppy. Very similar to potential iH&S in ES_F last week that skipped the neckline backtest - then failed miserably) And perhaps most importantly, VXX H&S: I am disappointed IWM performed so badly though. I expected that to turn higher first. We'll see though, it is a rare thing a bearish pattern would fail on a VIX scam.
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Post by huh on Nov 14, 2018 19:56:49 GMT -5
Besides IWM, another chart that is scary - DJI. Looks an awful lot like a top to me, and that last bounce the final breath...
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Post by huh on Nov 14, 2018 19:58:01 GMT -5
Maybe Clinton is right and bulls are dead now. But I'm still hoping for a turkey rally (standard holiday reversal week?) - but I think it would be only that...a TURKEY rally.
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Post by clinton on Nov 15, 2018 0:43:57 GMT -5
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