Building a trade to profit from this momentum shift Note: Members of the Factor Service have already been made aware of the ideas presented herein — many Factor members have already taken action. It appears that the bull trend in U.S. equities is now spilling over to mid caps and small caps. These stock indexes […]
NZD/USD (CME)The daily closing price chart provides a clearer picture of the possible inverted H&S bottom than does the daily bar or candlestick chart. I am interested in the long side of NZD. Read More
S&P 500 (CME)The S&P Index is attempting to penetrate the neckline of a 22-month continuation inverted H&S pattern. Note that a 15-week ascending triangle has been completed on the daily chart of the Dec contract. Perhaps this triangle will serve as the launching pad to complete the larger H&S configuration. Factor is long. Read More
I have a greater interest in the Real than in the Peso. The weekly chart displays a massive descending triangle on the futures chart
The S&P cumulative A/D line has posted a new high. The major indexes (DJIA, S&P 500 and NASDAQ) should be next to post ATHs.
This continuation H&S pattern can be seen as part of a historic bull trend as seen on the yearly line and monthly candlestick charts. This pattern has a target of 1800