Replies to post #55581 on ajtj99's Market Pulse

[otraque]

MMs signaling they will test 1635 hell or highwater,imo.
Looks like they worked yet another short squeeze EOD.
The underlying in this rally sucks.
Rally is now running on weak legs imo---MMs will work however VERY hard to test 1635: this again only imho.

[hiker]

Well, surprise to me the RUT finished within a point of the ATH, a double top?

But what has me thinking more up is the imperfect Three Hanga Roan soldiers pointing skyward on the 60-minute:

http://stockcharts.com/def/servlet/SC.web?c=$rut,uu[r,a]eacayyay[pb50!b50!b84!b130!f][vc60][iut!ue1,...

[JMKel]

Yup!

But most of the research indicates that technical analysis does not work. This research supports the use of "head and shoulders" patterns and even gives an expected rate of return over the indicated time periods.

Be sure not to tell anyone.....