Huge H&S on the DAX

You can clearly see a small H&S pattern emerging within a major one, with the distance of from the base of the major H&S to it's heading taking my projection to the support last seen in Mar 23'.

Seeing similar patterns amongst a few indexes and with the VIX at such lows, I'm taking a punt.

Dagangan aktif:

We've seen a test of the H&S base as resistance with the bearish continuation.

Dagangan ditutup secara manual:

I'd close position if you're in.

See my latest SPX post.