Perfect H&S

13 thg 12, 2018

This is a text book H&S. Very ugly chart. Is DOW JONES TRANSPORTATION AVERAGE INDEX telling us something big is coming this week or next?

14 thg 12, 2018

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I adjusted the neckline to be exact on the wick. So we are still testing neckline. Let see if we can break it in the next few days. I do believe if transportation breaks everything else breaks too

14 thg 12, 2018

Ghi chú

Also possible bullish divergence on RSI if we bounce tomorrow. Dow Sell signal triggered in my opinion.

18 thg 12, 2018

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I adjusted back the neckline. It broke down hard. Possible bullish divergence is still possible if we bounce tomorrow. Short it on the bounce.

24 thg 12, 2018

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Bullish Divergence most likely to play out. Should bounce shortly to retest neckline or close to it. Small Santa rally .... Before a BIG SELL OFF IN JANUARY

9 thg 1, 2019

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Looks like topping out today. Should head lower

17 thg 1, 2019

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Now this is the Top I think. We are going lower

1 thg 2, 2019

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Possible Bearish divergence on RSI (daily and 4 hour charts)