Thanks EagleSeagle. I’ve only started drawing these H&S patterns since the start of the year so I’m still very new to it and seeing
how/if they play out. I’m not really happy with the targets though, they just look too high. In addition, if even the lowest were to be met,
that would imply that the Fed *definitely* won’t be raising interest rates in the next few months.
Thanks EagleSeagle. I’ve only started drawing these H&S patterns since the start of the year so I’m still very new to it and seeing
how/if they play out. I’m not really happy with the targets though, they just look too high. In addition, if even the lowest were to be met,
that would imply that the Fed *definitely* won’t be raising interest rates in the next few months.
We shall have to see how things play out.
My naming suggestion for the (few and shrinking) UVXY guys on this board – Team Widowmaker.