FX:SPX500   S&P 500 index of US listed shares
The bullish Bat mentioned last week reached secondary target level.
Now 2100$ is the next bullish target and possible reversal zone
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Tomer J,
The Market Zone - You trading Edge
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A couple of your harmonic charts have been mentioned by others on the Mod team. We would really like to make more of your charts *Suggested*. This will help promote more of your trade ideas and give you and your publications exposure to a wider audience by being featured in our Suggested feed. However without clearly identifying the specific pattern requirements and illustrating the pattern ratios, great charts like this can't be made suggested. We understand that not everyone cares about the Suggested badge or increased exposure. We're always looking to promote great publications and just thought we'd let you know. Keep up the good work.
snapshot


"The Bat Pattern The Bat pattern is a precise harmonic pattern discovered by Scott Carney in 2001. The pattern incorporates the 0.886XA retracement, as the defining element in the Potential Reversal Zone (PRZ). The B point retracement must be less than a 0.618, preferably a 0.50 or 0.382 of the XA leg. The Bat utilizes a minimum 1.618BC projection. In addition, the AB=CD pattern within the Bat is extended and usually requires a 1.27AB=CD calculation. It is an incredibly accurate pattern and requires a smaller stop loss than most patterns."
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