H&S on Walt Disney

The opening 20 minutes ago was higher but very quickly it got pushed down again into the red. This is a small bearish sign.

Everything is clear, neckline around 112 and the target around 106

Comment:

It's taking quite some time now, does not say all that much, but problem is probably that the US markets have rallied the past week. Nonetheless DIS stayed at these levels. But at the moment looks like a triangle has been formed. Because there is a chance Nasdaq will make another move up tomorrow DIS could break upwards. Just have a feeling NDX will make a reversal day this week (open high close low). Whatever you do, don't fight the US moves up!

Comment:

Looks like we have finally broke the neckline for real this time. Should not see it get above the 112ish anymore

Comment:

It took a while but it looks like we finally have started to really drop. Should be headed towards the target now. The chart above was the wrong one :) was the post to a hidden post for my members. Just noticed it now, but doesn't matter of course, at least you see how things go.

Comment:

Crap, wrong chart again, sorry, it's almost 6 in the morning :)