Double Top on the intraday--short !

Discussion in 'Trading' started by NY_HOOD, Jul 17, 2009.

  1. NY_HOOD

    NY_HOOD

    short the market with a stop just above today's high..nice double top on the intraday going on now. this is a daytrade of course.
     
  2. gobar

    gobar

    also there is megaphone pattern formation which would give nice 100 pts drop from here but many pattern failed so keep watching.. if it goes below 900 then for sure market is heading down.

    edit

    waiting for nasdaq to touch the upper line which is around 1525 to 1527..
     
  3. not anymore there isn't
     
  4. you guys are nuts, not shorting this thing till dow 8900 at least