you know, I wondered about that and whether it could be called a 'complex' HnS but I wasn't sure so left it alone. But you could be very right. You talking about the one stretching all the way from beginning Dec 08? Only, it makes a double right shoulder which I don't think validates it. The daily HnS that I think John pointed out I think is more valid
nah, I wouldn't work on so few bars for an HnS. The more bars involved and the longer timelines are better. I think we're going to see sports from the US open. The USD Index is spoiling for an upside run. It's stabbing for 88.50 for the third time now today. If it goes through then the markets tank
back below 88.50 let's see if it holds and at least the carnage stops. It seems it may be hedge fund managers behind this. With US equities dropping they have to rebalance funds and need to buy USD for month end
Chartist? Here's an answer by means of a question (since I don't watch talking heads TV as a rule): Are any of the talking heads still saying 'buy this 'n that NOW!'???? Coz if they are, then this ain't over, and the bottom feeders are quietly going about vacuuming up the shrimp poop.