MaxxPayme
Short

Bearish Gartley pattern in GS (Weekly?)

BATS:GS   GOLDMAN SACHS GROUP, INC. (THE)
190 4 2
Just eyeballing this it looks like GS             may retrace to $130 $XLF $BKX
so far so good here
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I took the profit meanwhile but will watch it further as it is a weekly chart. Thanks.
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MaxxPayme motleifaul
thanks for your comments...I tend to look at big picture themes that are not necessarily trades I will take. Using this GS chart as an example I would likely not be looking to short it all the way down to the $130 area if I do take the trade.
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I don't know whether the price will reach the level of your gartley pattern predicted, but I think GS is good for a correction to as we move within a sideward range and are currently on the upside.
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