DOW30 - Potential Head and Shoulder

2020年9月8日

Possible head and shoulder here. Hit neckline and ran into resistance. Expecting some ranging and a high between 27900-28200 followed by a rejection into the Abyss.

For pattern to break:
-need to get above 28000 very quickly and stay there.
- OR Could just blow through neckline

2020年9月9日

註釋

DAMN. that overnight rebound was wild!

2020年9月10日

註釋

Structure is slightly different than predicted, but pattern still in play. Rejected at ~28200 and currently bouncing around 27700-28000 where the left shoulder (if confirmed) spent a lot of time.

Need to make a higher high than 28200 and continue upward for pattern break.

2020年9月10日

註釋

2020年9月17日

註釋

Called 2nd shoulder too early, but we have been following original head and shoulder perfectly so far. Looking for a neckline break at around 27500

2020年9月21日

註釋

Today could be the day!