massive H&S on weekly ST H&S already confirmed, Longer/bigger one waiting for confimration.
You have to be a little crazy to be buying right here. Time to unload for a little while.
See my notes in chart. This will also have a profound impact on $spy
Sitting on some support. Should it fail, we could see another very fast and strong move
Transports never confirmed new high and may go down and fill that vertical profile gap
If trade wars continue, this is probable outcome
A break of support at 178 would confirm chart pattern and setup a move to 165
Not seeing much said about this island top. If you want to short it, you have your RR defined now. Go for it!
It is insane to me that people are buying at this level. I guess I'm just an idiot. I'm ok with that LOL
I would be very careful buying either one of these right here.
My guess is that we get failure up here and retest atleast the 100 level
If you want to buy or initiate new positions at this level after such a meteoric rise, have at it. I'm fine sitting in cash and waiting for a more reasonable level
Looks like a potential $3 move higher on dust to me. Unless the dollar breaks the support its sitting on. Don't think it will.