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> I haven't seen any posts on the potential H&S formations
Seems folks forgot about the weekly H&S too. Not my thing, but
there it is/was at the neckline.
>The timing is interesting as well since the bear market rally back in September
traveled 24% and so has this latest version so far.
And that old 1974 rally I keep harping on was about 26% and about
a month from low to high.
BW
--- In realtraders@xxxx, "Bob Heisler" <BHEISLER@xxxx> wrote:
> I haven't seen any posts on the potential H&S formations on the hourly charts of the
indexes (or I've missed them if there have been any). I'm not an expert on the specific
technical aspects of these patterns, but the spacing and volume characteristics look
supportive to me. The timing is interesting as well since the bear market rally back in
September traveled 24% and so has this latest version so far.
>
> Comments?
>
> Bob
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