This pink pattern is a bearish reversal sign called a shark nentar.
What happens when they start compounding? I can't imagine they cancel each other out... ???
The first one happened out of ATH territory. The second one is well below ATH... and just behind a huge bearish reversal Doji Called a shooting star, on the daily.
wow. posted same on spx on nov 20th. surprised they survived on large tf.
UnknownUnicorn5511258
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likely to be a triple, unfortunately. nasdaq needs to touch a new all time high by at least a couple hundred points, imo.
i believe that this singular, nasdaq-specific protocol has been the main reason for this nauseating hold up in the clouds.
love the 1-min accelerator. can you possibly post 5-min and 15-min as well?
DHLawrence
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@Perma_Pig I’ll post more time frame snap shots tomorrow when I get in to the office. There are a few snap shots of the smaller times in some of the other recent posts. I’ll take a look at nasdaq as well.
UnknownUnicorn5511258
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@DHLawrence, excellent, thank you man. i just need to see if the slightly higher timeframes have made any progress at all by end of day tomorrow. if they have, then you might be onto something huge here.
DHLawrence
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@Perma_Pig,
My work start off like this every morning...
DHLawrence
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@Perma_Pig, And then on the next level out...
DHLawrence
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@Perma_Pig, constantly updating until things fit really well... that's when I publish... at those "ah ha" moments!
UnknownUnicorn5511258
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@DHLawrence, love it and i should use your method. rather, i tend to post mostly ridiculous lotto strangles that tend to backfire initially and then sometimes work later.
DHLawrence
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It's A lot easier to see on the ES1!
Bishmar
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@DHLawrence, by easier you mean that huge ass cup and handle? spy400 eoy