Comments on: S&P 500 Bear Flag or Head & Shoulders Pattern: Pick Your Poison https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/ Stock Trading, Investing & Market Analysis Fri, 20 Mar 2020 04:00:37 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: Flanny3 https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/#comment-12935 Tue, 24 Sep 2019 16:57:15 +0000 https://rightsideofthechart.com/?p=193179#comment-12935 @weatherman, just like every other media spin, just needs to be put out there as a threat..

]]> By: Dean Drummond https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/#comment-12934 Tue, 24 Sep 2019 15:32:17 +0000 https://rightsideofthechart.com/?p=193179#comment-12934 This is looking interesting. Buy back black out period seems to be getting sniffed out by the algos. Will be interesting to see where the liquidity comes from.

]]> By: Dean Drummond https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/#comment-12933 Tue, 24 Sep 2019 13:56:50 +0000 https://rightsideofthechart.com/?p=193179#comment-12933 Is it just me or does it seem like we have a serious hopiopioid crisis in the market.
https://www.zerohedge.com/markets/feds-term-repo-2x-oversubscribed-banks-brace-quarter-end-funding-shortage

]]> By: Bear trap Dan https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/#comment-12932 Tue, 24 Sep 2019 12:22:49 +0000 https://rightsideofthechart.com/?p=193179#comment-12932 Was hoping a hard brexit would be our catalyst.

]]> By: Dean Drummond https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/#comment-12931 Tue, 24 Sep 2019 11:35:16 +0000 https://rightsideofthechart.com/?p=193179#comment-12931 In reply to Dean Drummond.

A consolidation range for sure, even a small price channel, both which could break to the upside, but too large in relation to the size of the flagpole to qualify as a bull flag IMO. 2 hours to go before the open with some downside work to do on the futures to get back down to the neckline or bottom of the flag & only a couple of minor economic reports to possible move the futures before the open today so let’s see what happens.

]]> By: weatherman https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/#comment-12930 Tue, 24 Sep 2019 10:50:42 +0000 https://rightsideofthechart.com/?p=193179#comment-12930 In reply to Flanny3.

Won’t happen IMO… however there are a million other reasons for a black swan event that could happen.

]]> By: Dean Drummond https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/#comment-12929 Tue, 24 Sep 2019 10:10:14 +0000 https://rightsideofthechart.com/?p=193179#comment-12929 Maybe shown a bit better on the 4 hr https://www.tradingview.com/x/pn9tBBI2/

]]> By: Dean Drummond https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/#comment-12928 Tue, 24 Sep 2019 10:08:54 +0000 https://rightsideofthechart.com/?p=193179#comment-12928 I can see a potential bull flag on ES which would presumably play out for your divergent high tagging approx 3050 which could be a good spot to add further shorts.
https://www.tradingview.com/x/MbYpLwC6/

]]> By: Flanny3 https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/#comment-12927 Tue, 24 Sep 2019 03:17:24 +0000 https://rightsideofthechart.com/?p=193179#comment-12927 Swan could be potus losing job…

]]> By: Flanny3 https://rightsideofthechart.com/sp-500-bear-flag-or-head-shoulders-pattern-pick-your-poison-2/#comment-12926 Tue, 24 Sep 2019 03:13:27 +0000 https://rightsideofthechart.com/?p=193179#comment-12926 Messed around with hourly tredlines too today..some more bearish looks. .bottom line whichever way I drew em, they didn’t look too hot. There will be a bunch of buyers around 2940. Sure don’t want to fall back into that consolidation range if bull

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