Expiration week hopefully will have volatility, but doubt it can push the S&P close to the double top at S&P 1220. The double top continues to...
An S&P index double top has proven time and again to be a most reliable pattern.
you can forget about 1300
Well said. No it is not useless garbage at all
Good call!
If you wanna lose money
Right. That's what I said in the first post. The market will zig zag around here forming the top.
To me it looks like early December is when there should be more volatility.
A double top tels me where the market wants to go..and it's down.
Please don't curse on this thread. If you feel that way (C) is the answer for you.
I am asking ivanovich to grace this thread w his presence and contribute. ivanovich--you are no longer a mod, so come to this thread and lets...
It has now failed twice and today looks to be a reversal type day on alot of charts.
No not the case. The power of the double top helped bring on the correction in 2008. And the forming double top now is as clear as an azure sky.
Sentiment too bullish right now for any formation to be bullish.
It's been doing a bit of zig and zag and it looks to be stalling around this area.
Yes alot of bullish sentiment forming and the expectation of xmas rally only add to sentiment.
Thanks Suri. The double rop looks quite uniform on your chart.
Sayin double top bc that's what it is between the April highs and now.
fly down 3rd
Posts like this end rallies.
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