<<Anyone remember the big inverse H&S on the Dow?>>
I certainly do...and IMHO, it's still in play.......It's got everything it needs:....price pattern, volume pattern, breakout of neckline,,,,,,and now - as you point out - may be testing neckline breakout.......Measures to 10,500 area, where it would meet resistance from highs of year ago March............Also applies to SPX and COMPX, where those same resistance levels would come into play. as well as retrace .50/.62 FIB of bear market since 2000....... |
