yogamarc

yogamarc

bearish divergence on both sp and wall st.. downslide on its way i think.

yogamarc

staying long, have set TP for 1234 for now

yogamarc

How similar the patterns are! Not expecting the inverse h&S patterns on either to fulfil and go through to bull run, but there might be a tidy rise as the bulls lurch in that direction. Will go in cautiously looking for resistance to TP early

yogamarc Updated 

.... there might be a move towards the inverse h&s pattern after all ? not sure its secure enough to gamble on...we'll see

yogamarc Updated 

i think the more macro inverse H&S that says bull is weak- i got long at 2710, but have since spotted the bear H&S on the 5min chart (shown here on 60), if that plays out, i will TP at 7231

yogamarc Updated 

might be biased because i hold a long position on the yellow stuff, but looks like up on the hourly to me