Thursday 14 July 2011

Re-The Greatest QE Pattern of All (Peak Theories)




Abigail F. Doolittle in his Peak Theories Research Jul14 2011 "The Weekly Peak" kindly points out that "the Inverse Head and Shoulders pattern is the greatest QE pattern of all."

Porky has reservation on the so-called 3rd Inverse H&S in the
(1)CCI 233 starts to be below 100 level--;5 tops have beem done when above 100 level
(2)%BB(60,2) pattern is different this time
(3)The 3rd right shoulder this time lies on 60ma (sd=0) instead of sd=neg 1 -BB(60,sd=1,2,3)

The 3rd reverse H&S could be a fake one

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