Nov 18: Classic Head and Shoulders Reversal Pattern on breech of neckline Nov 11. Text Book theory suggests a pull back towards the breech "A" then Down. Minimum target is the Head-Neckline distance --- >> "B" Why? I have no idea. Yellen will probably increase 25bpts before inauguration. Trump gets a new Fed Chair. So USD strong, metals weak, and S&P stronger -...
Just added another trendline for positive confirmation
Nov 20 CL 15: Pennant developing on Jan Oil. If True, requires break out above $46.40 then Target $47 I am already Long, but will add on the break. SL at $45.90 It's very tight so should be quick.