Yo pete, firstly well done on your bullish prediction. I don't think I caned the H&S target. I think I just caned the general amateurishness in your charting. Don't get me wrong some of the simple strategies you show are totally relevant. I just don't think there is much depth to your analysis, at least for a lot of the very knowledgeable TA's on this thread.
Personally, I've just been letting the markets run north recently and haven't been involved. Recent market action has shifted my long term bias to a bit more bullish although I still expect a very big correction to take place this year.
The index I'm looking at very closely is the FTSE as I don't expect last years bearish candle to have its top exceeded which is 6105. Top so far this year is 5956 and I think it may get up to close to 6050 next week before the correction finally commences. In general I have always thought the latest a correction could get underway was by the end of the first week of March.
El Capo
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