Nicely said, Jeff. Well, before I turn in tonight I wanted to find one chart that was profound, and I think I might have:
10-minute TRINQ showing an imperfect cup and handle (I haven't seen one of these in 3-years (since I stopped looking for them), but this may be a bearish pattern for tomorrow early to mid-day:
stockcharts.com[h,a]haclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14][J6675486,Y]&pref=G
On the 15-minute it looks more like a skateboard pipe:
stockcharts.com[h,a]gaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14][J6675486,Y]&pref=G
It also could resemble a dog with a really big head too! |
