“does that not look to you like a large bull flag?”
$$$$$$$$$$$$$$$$$$$$$$$$
Good observation.
Perhaps, but it also looks like an island reversal.
It depends on where we break out of this channel/flag.
IMO, in rough terms, short term, if it goes above 437-ish, I would see it as bullish. 433-ish or below, bearish.
I’m just riding the SVSPX (State Street S&P).
It may slide but with the left in power, that printing machine will not stop until Nov.
I have other stuff in 5.6 CD’s and hoping FTXL just performs well.
” large bull flag”
I know you guys do a lot of work and put a lot of effort into
checking those charts ....
and I don’t dismiss it at all ....
I have seen you make some FANTASTIC calls ...
but ....
it looks like a horse to me.
right to left ...
head inside the purple lines
mane running down his back
two legs
then his back, about at the lower purple line
two hind legs
red tail flying in the air
o ... and a green horn on his head.
WAIT a minute ... that is a UNICORN ...
And I’m not kidding ... you have to see that now ? ..right. ?
so ... what the heck would that mean?