andrewunknown

Another Echo of 2011: Narrow BBands Poised for Volatility

BATS:GS   GOLDMAN SACHS GROUP INC
103 7 2
$XLF
Seeing that wedgie in a bunch of places currently.
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So the ascending wedge is common pattern in this market... probably see it in 10-12 of stock charts.
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QuantitativeExhaustion QuantitativeExhaustion
10-12%*
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andrewunknown QuantitativeExhaustion
anecdotal on my part, but I'd agree it's fairly prevalent; and in many cases pressing into significant resistance. Could pop higher, but I would be genuinely surprised. Would be looking for blowoff markers in a broad upside resolution.
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andrewunknown DuncanParker
yep - witness the latent power of synchronicity made manifest. Maybe.
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Goldman and gold have a kinship... down
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History almost rhymes with Hysteria
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