For my own edification (and improving my ability to interepret a chart!) Does anyone have a chart of a good example of a Head/Shoulders top occuring in the past 12-18 months? Thanks in advance for your help!
Non of the few markets I follow have had one that I've noticed recently, although admittedly I'm not looking for that pattern to begin with. http://www.chartpatterns.com/headandshoulders.htm
Thanks for responding Its really just an excercise on my part to learn how to identify the patterns In several books I have read - certain aspects - like the left shoulder forming on high volume are pretty clear other aspects - like what kind of upward movement qualifies as an uptrend things like that but thanks for the response none-the-less
http://finance.yahoo.com/q/bc?s=FINL&t=5y&l=on&z=l&q=c&c= I posted a H&S chart on ET of FINL back in January 2007 when it was around $12.00....it went under $3.00 recently. I had Puts but sold them a while ago.