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1.47% 1,578.8 s&p/asx 200 2 x daily leverage index

S&D, S&R, Trends, Fork's and Turnarounds, page-193

  1. Toastman
    3,191 Posts.
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    02/06/16
    23:16
    Post #: 17939482
    NO!

    Inverted Cup & Handle.  

    According to Mr B this is a pretty good pattern, he ranks it as no 1 in a bear market.

    Bit of info here:
    http://thepatternsite.com/icup.html

    His book has a very detailed write up.  Anyway, the pattern is quite clear ATM.

    Okay, I'll post the chart.

    Handle formed and possibly looking to break.  This looks like a textbook example so far.

    Copper 4 hour Inverted 2 Jun 2016.png
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    lightbulb Created with Sketch.  Great analysis
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