When I mentioned a possible IHS on the daily chart it looked like the right shoulder could retrace to 800... however, the fact that it didn't, and...
Perfect!
Daily ES chart looks like a possible IHS. Bottom of right shoulder will be around 800 and then up to 950.
Left out Inverted H&S on daily chart in previous post.
Todays sharp drop makes it look better than on Friday when I first spotted it. Anyone else concur? Target would be around 950
He explained that the 240 minute chart indicated to him to cover his shorts. I was surprised not many commented on that call. The most...
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