Rens I'm not trying to be a smartass but your now clutching at straws, just drop the ascending triangle pitch on IVZ for the time being as their isn't one on any meaningful time frame. Did you even read the link I provided? It's not me making this stuff up, it's a very well documented pattern proven over the time.
Below is a quick example of an accurate AT after looking for just 3 minutes. See how it originates from a rising stock and then swings between the diagonal and the horizontal a few times strengthening it's validity. Then you have a breakout.
And here's a tip, if you marry up increased volume on the rises and low volume on the falls then it further enhances the high probability of success.
So sorry, when you post something like this below, it's just not valid.
If you don't want to read up about them then simple google ascending triangle images, hundreds of them like this.
We're always learning Rens, I wasn't having a go at you just pointing out that if the SP rises next week it's not because of an invalid AT.
Cheers.
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