Thursday, August 13, 2009

Breakout or Continuation of H&S Pattern?


Could this be the next leg up that we have been waiting for? Basically every professional trader has been calling for a sell into the close this entire week...will it be a rally Friday where all the stops will get hit or continue back down to 1000? We shall see...

1 comment:

  1. H&S patterns have a lower right shoulder to be technically correct. We shall see, the bulls are waiting for every opportunity to go long the market.

    ReplyDelete