AMEX:SPY   SPDR S&P 500
466 7 7
Just for giggles. Notes on chart.
Hi KLang, i'm newbie, just learning harmonic pattern from some of your post. Is it can by a bearish Cypher?
snapshot
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The "C" leg doesn't extend far enough to be considered a Cypher. But good idea.
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d4221 KLang
I'm sorry, i didn't get what you mean. what do you mean by C leg doesn't extend far enough? is there any rule? I would be very appreciate you advice. Thank you
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Everybody's guessing right now if their honest. I am waiting this craziness out in cash, for now anyways. One minute there's this pattern forming, then the next, yet another, wow high volatility. Best of fortunes if you are trading this, tip of the cap to you.
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KLang PRO claydoctor
I actually have been trading pretty well. Took a long yesterday that I got out of quickly for a small loss. Today I didn't do anything. Conflicting charts.
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I've had a great year, I tried a couple things too, and I should have just waited, should have listened to my own advice. I like giving back, but not to the market. Cramer was funny tonight, a "Cat's market" finicky. LOL.
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claydoctor PRO claydoctor
The DOWT might be the tell , or the tipping force.
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