Head/Shoulders Breakout $NIKKEI

Looks legit. $SPY $IWM $SPX $NDX $VXX $GLD $SLV

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Nikkei seasonality around the Q2 FED (June 18 on average) isn't that promising. Maybe this can rise for a week.

www.mrci.com/client/spmarket/ssnid.php

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See this page for information on calculating measure move target for Head and Shoulders bottoms.

I like using 0.66 (66%) as the multiplier instead of 0.71. The height from the neckline to the head is multiplied by 0.66 and added to the right shoulder breakout location as shown in the main chart area.

thepatternsite.com/hsb.html

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Nice pop, S-Wave on Russell 2000 futures.

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NASDAQ futures higher implied move to complete Schiff fork

Giao dịch được đóng thủ công:

This sucker turned all the way back down Thursday after a strong rally. Backtesting the neckline before continuation has about a 50% chance of happening on average. This doesn't look great though for bulls. I exited in profit when I saw what was happening and needed to protect gains.

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This trade is still in play and technically never stopped out.