Diamond Top complete with a TL Kiss from under.... 300 + Handle slide is on .. First stop 2680 then look out below. Anyone trying to CT this move.. one will need be nimble! ** CT = Counter Trade the current trend Heavy
The diamond top occurs mostly at the top of considerable uptrends. It effectively signals impending shortfalls and retracements with relative accuracy and ease. Visual:
Ironic with a guy named spooz top calling for a top constantly after a massive non stop 9 year bull run.
Looking for a nice bounce here and possible reversal off of this pullback. Will hold the long I have for now. We are currently @ 2683.75
It`s One call... One play... off of the same topping formation.. Nothing has changed from my initial call as Iv`e stood behind it the entire build out... even during short squeezes. You may want to read back a bit.... 2/23/18 https://www.elitetrader.com/et/threads/diamond-topping-formation-2-23-18.318542/