Replies to post #71773 on ajtj99's Market Pulse

[ajtj99]

Here's the proposed H&S top on the OEX with anotations:

http://stockcharts.com/def/servlet/SC.web?c=$oex,uu[e,a]daclyyay[pc9!c13!c20!d20,2!c50!c200!b200!b50...

A bounce to form the complex right shoulder would seem to work with the weekly chart:

http://stockcharts.com/def/servlet/SC.web?c=$OEX,uu[e,a]waclyyay[pc9!c13!c20!d20,2!c50!c200!b200!b50...

[Newly2b]

$OEX

Here's my simplistic 'take', Freep:



Breakdown from a triangle, targeting 551 (an old area of support/resistance) unless it climbs back into the triangle before close, which I doubt, but hey, anything can, and usually does, happen.

Newly