Dow Mini Futures Inverse Head & Shoulder

Just as sure as the sun rises in the East, you will always get this pattern after a selloff intraday.

 

So what does a head and shoulder mean we are going for a bounce or a sell off - ?

 

Looks like a voided pattern, if it falls below 11174

 

These patterns used to be golden, now they are useless. IMHO

 

Watch for consolation in 20 point range, then a breakout to the upside

 

consolidation now, wait for a strong break out move to the upside, then a retracement and pile in.

 

New inverse H&S pattern, I am betting big this will play out today.

 

Now you stop @ 11085 and not on tick lower.

 

Im going all out in this crisis, just tell everyone to bring their shares to me and I will pay 50 cents on the dollar.