101 Technical &S pattern. We could cool down a bit even go back and touch our support based on a previous low then clip the ATH into this pattern's target.
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ATH is in & Closing on our H&S pattern's target measured from the tip of the head to the neckline .
The MOST arbitrary pattern of all is HS. I can go back in past 5 years and see hundreds of POTENTAIL HS formations only to MORPH into another well defined trajectory up.
samitrading
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@gdleibow, Totally agree buddy & that's basically can be said for all Tech patterns/indicators when used alone. This is how the "Game" is played u have to use multi patters/indicators and pray/hope they work at least some of the time :-) that's just from my personal experience.
UPRIGHTTrading
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Looks like your measuring is off bro. Both ways that I know of to measure come out to around 4530 on SPX. One is ~4527 other is ~4533
samitrading
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@mikeright25, Hey buddy, can you tell your both ways of measurement so i can test them thanks bud.