While the 30-min looks like in inverse head and shoulders
While the daily is still holding together it's Head & Shoulders pattern
Well, I'm certainly confused. It's like tracking a horse that's wearing it's shoes backwards. It kinda feels like the last of the bulls are holding out on their positions to get solid confirmation as to a direction. A lot of charts look like they're in limbo...AAPL, double-top, but could get upside impulse
Same with GOOG, but getting close to a Head & Shoulders neckline
This flag on RIMM is getting a little long in the tooth
GS has a double-top thing going for it right now, provided it doesn't get an upside breakout impulse:
Oil, via USO, looks to have broken a Head & Shoulders pattern, complete with retrace back to the neckline
Here's OIH, with a bearish top divergence and neckline breach looking imminent:
TLT actually looks like it strengthened up
No comments:
Post a Comment