Dow Mini Futures Inverse Head & Shoulder

Discussion in 'Index Futures' started by myminitrading, Aug 9, 2006.

  1. Just as sure as the sun rises in the East, you will always get this pattern after a selloff intraday.
  2. So what does a head and shoulder mean we are going for a bounce or a sell off - ?
  3. Looks like a voided pattern, if it falls below 11174
  4. Truff


    These patterns used to be golden, now they are useless. IMHO
  5. Watch for consolation in 20 point range, then a breakout to the upside
  6. consolidation now, wait for a strong break out move to the upside, then a retracement and pile in.
  8. New inverse H&S pattern, I am betting big this will play out today.
  9. Now you stop @ 11085 and not on tick lower.
  10. 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.
    #10     Aug 10, 2006