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Re: JLS post# 17624

Sunday, 04/30/2017 10:57:35 AM

Sunday, April 30, 2017 10:57:35 AM

Post# of 31507
Interesting post

Not visited here since sometime in February I think. As for the Forks, for me perhaps "Stick a Fork in it Time" is about here. I remember the talk about gaps, only time will tell. Was looking at SPY a few days back, the Gravestone Doji caught my eye, particularly because of the 239 level which one would expect to be resistance of some sort. The other pattern that has transpired since then is what I believe Bulkowski calls a Bearish Breakaway which is a Five Candle Pattern, like so many things it isn't picture perfect.



The breadth, or my interpretation of it reminds me of an old Jewish Taylors joke, 'Never mind the quality, feel the Width' which dates back to some English Soap Opera circa the early 1960's.

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