Charts That Make You Go Hmmmm (Pt.3) -"The Monthly Hammer Setup" Short

iShares Russell 2000 ETFArca

Description

⋅ Jun 26, 2018 6:21 AM

I don't believe I need to explain candlestick patterns here, but I don't often visit the monthly chart and believe this could be easily missed by many.

I can count on one hand the number of times I see a monthly hammer in the last 15 years. It's 4 for 4 so far.

Comment

⋅ Jun 26, 2018 1:08 PM

Weekly Hammer as well.

Trend Analysis Chart Patterns S&P 500 (SPX500)SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) IWM DJI djt TLT VIX CBOE Volatility Index QQQ

Comments

gowrigoli

⋅ Jun 27, 2018 10:57 PM

so where it will go, can we try to buy at around 140 if it reaches with in next 2 weeks

RHTrading

⋅ Jun 28, 2018 1:20 AM

@gowrigoli, stocktwits.com/

gowrigoli

⋅ Jun 28, 2018 11:43 AM

@RHTrading, Thank you