that is not a pennant, not ascending...... she is looking for 900spx
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
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I cannot figure any discernible pattern with my shriveled up right brain.
I can sorta see a h/s with the right shoulder forming now... is that where you get the 90 target?
SPY down only 1.8%, but IYR, IYT off over 3% and XLF off 6% !!! Seems weak and may pb a bit here.
My trading acct is market neutral right now.
It's the target of a double top..
assuming it plays out.
I talked that H&S... and you can sort of make a case... but it's more Double top...
I read bary today... That it feels like we could go to the moon... that is just the sentiment phase.
Also...we just have to go through aversion.
I say 70-80% that was a the intermediate top.... I guess we could still Bull flag and get one more high...
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