Inverse H&S Pattern Dow Mini

Hello

 

Halt right here, come on bulls where are you this is perfect.

 

That a boy

 

Break on thru to the other side.

 

nice call $$

 

Got things prettied up real nice for the lunch crowds. Just might hold off calling my broker. I was about to this morning when I saw the market down again......This is typical conversation from the lunch crowd as they gather across the country.

As long as the market is up, makes all the differance in the world to ones short term thinking.

 

Mind you they get off work this evening, and see the market is down again, soon as they get home they tell the wife, I'm selling some stock monday soon as the market opens Im sick of loosing money.



Monday morning rolls around, all joe 410k sees is.... FUTURES UP!!!!!!

WALLSTREET SET FOR HIGHER OPEN!!!!!!!

MARKET FOUND A BOTTOM, NOW IS THE TIME TO BUY!!!!!!!


He thinks maybe they are right, no since selling now when I can sell at higher prices.

Thats is how it works people. Are you Joe 401k?

 

Go to Bloomberg, Reuters Monday morning and see, Futures suggest higher for for wall street.

 

Pattern looks good