No idea wth this thing will do next, made bank playing the sells, the rallies have been surprising and shorting overnight is fail...
IF this is a bottoming IH&S pattern, the rally up here will be something fierce IMO, don't get caught short! GLTA!!
IF this is a bottoming IH&S pattern, the rally up here will be something fierce IMO, don't get caught short! GLTA!!
Note
Alternate theory: An impulsive Wolfe Wave unfolding; could get pretty scary if this plays: 
Note
Another nice move. Could give a zig-zag here and sink back to a double bottom, wouldn't chase this rally...Note
looks like a zigzag forming, buy moar puts imoNote
I expect massive correction in may/June, rally to lower high over summer, then a monster breakdown. I believe we are in Wyckoff distribution Phase B, UTAD (nominal new ATH after buying climax), or entering/at Phase C in distribution pattern, watch how this plays out over next weeks:
stockcharts.com/articles/wyckoff/2015/09/distribution-definitions.html
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.