Is that a bull trap?

iamee · 发表于 2010-3-1 07:31 PM

ESH0 (SPX mini future) seems to show shoulder -head - shoulder bottom. Is that a bull trap?

ESH0 4 hour plot

ut1984 · 发表于 2010-3-1 08:44 PM

Kami · 发表于 2010-3-1 09:08 PM

Trap those who bought the break-out today? I guess not that many are traped. $RUT and tech are leading the way. Look at how $RUT and QQQQ performed on Feb 12 (when SPX was still in debate whether it was a bear flag, $RUT and QQQ just did a breakout retest) and today (both $RUT and QQQQ broke out more powerful than SPX).

不怕被套怕枕套 · 发表于 2010-3-1 09:23 PM

epsom · 发表于 2010-3-1 09:42 PM

Thanks

hutong9 · 发表于 2010-3-1 09:47 PM

iamee · 发表于 2010-3-1 10:22 PM

3# Kami

Both $RUT and $TRAN close to strong resistance. How much chance bull can continue?

sooners · 发表于 2010-3-1 10:39 PM

1# iamee

thanks

Kami · 发表于 2010-3-1 10:45 PM

What resistence? Prior high at around 640? That may be taken in a few days. What about support? Now 50MA, 100 MA, 200 MA, even 5MA are all being taken out, how much chance can bear attack? We should try not to argue with the trend or guess this or that pattern may not work. Unless it is proven wrong, we should follow the trend and continue to use the pattern that works. It is dangerous to guess how much longer a trend can go.

想发 · 发表于 2010-3-1 10:46 PM

ranchgirl · 发表于 2010-3-2 01:10 AM

我是谁 · 发表于 2010-3-2 09:23 AM

mengtt · 发表于 2010-3-2 11:54 PM

cboom · 发表于 2010-3-3 07:58 AM

mengtt · 发表于 2010-3-4 08:59 PM

mengtt · 发表于 2010-3-4 10:23 PM

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[原创] Is that a bull trap?