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?
トレード稼働中
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
ノート
Also possible bullish divergence on RSI if we bounce tomorrow. Dow Sell signal triggered in my opinion.
トレード稼働中
I adjusted back the neckline. It broke down hard. Possible bullish divergence is still possible if we bounce tomorrow. Short it on the bounce.
トレード稼働中
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
トレード稼働中
Looks like topping out today. Should head lower
トレード稼働中
Now this is the Top I think. We are going lower
トレード稼働中
Possible Bearish divergence on RSI (daily and 4 hour charts)