Be careful about that H and S pattern.
The theory states that if the neckline is up sloping (ascending) it should not be trusted.......
Head and Shoulders pattern is described nicely at
http://www.incrediblecharts.com/technical/head_and_shoulders.htm
Cheers
Commy
p.s. I am bullish on the Dow - did post a chart in stock forum yesterday....
Moved from the "United States" forum. Original message number: 161
Be careful about that H and S pattern.The theory states that if...
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