Greetings!

Couple of points about the upcoming charts:

  1. I like weekly line charts because they filter out noise and enable me to see patterns I would otherwise miss but I think this means the target generated is not that accurate. ($SPX is a good example given the MA’s on the various charts.)
  2. A TA generated price target is just that – a target. Whether it is hit or not, who knows.
  3. I’ll post the H&S charts together with relevant charts in my normal format because the latter give the bigger picture.
  4. The yellow highlighting on the charts is just for me to remind me to pay attention – I look at quite a lot of charts on a daily basis so tend to switch off from time to time.

The Lonely Bear….

The Lonely Bear