SPX - Patterns - Food for thought

Discussion in 'Technical Analysis' started by RedTankEra, Sep 21, 2013.

  1. Which one do you like or follow? :)

    A)

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    B)

    [​IMG]

    C)

    [​IMG]
     
  2. Redneck

    Redneck

    Hey RTE

    This one Sir - I always like to begin at the beginning

    RN
     
  3. D)

    [​IMG]

    E)

    [​IMG]

    Cheers
     
  4. Good question.

    I have absolutely no idea which one is the correct one to follow (if there is such a thing as a correct one).

    I would say start with the line it's hitting right now & see how it reacts. Then if it gets past that see how it reacts to the next line.

    Right now price direction is up, but that triangle looks like it may halt it momentarily.
     
  5. rhk

    rhk

    I like a and c and d and e, if it goes higher..

    I'm keen to know which ones you would favour..??
     
  6. None of the ones I posted.
     
  7. rhk

    rhk

    Why is that.?? ( none of the ones that you posted.)

    Is there a particular reason..?? Does that suggest that the ones you posted are not that effective..??

    I'm only asking for the sake of my own learning.

    Cheers