20081212 The last inverted H&S did not trigger. Now there is another ES H&S pattern that pushed through the neckline, and today pulled back through it.... and it forms a hammer, which is a bullish sign for next week.
E-mini S&P 500 chart
Chronicle of trading in ES S&P 500 index futures using momentum indicator CCI. Charts by www.futuresource.com. Note: The content here are for educational purposes only. Nothing in this blog constitute advice to buy or sell financial instruments and should not be construed as 'investment advice'.
20081212 The last inverted H&S did not trigger. Now there is another ES H&S pattern that pushed through the neckline, and today pulled back through it.... and it forms a hammer, which is a bullish sign for next week.
E-mini S&P 500 chart