Egyptian Divot Pattern
- Posted by DynamicHedge
- on February 1st, 2011
I submit to the technical analysis community the “Egyptian Divot Pattern.” This pattern has 100% accuracy (so far). I’ve superimposed a picture on a chart of the S&P 500 futures contract to illustrate my point.
Strategy: Wait for the reverse pyramid to form, and go long a sphinx-neckline breakout. The pattern primarily works in the day session, but is also effective in globex.
Making money on global unrest/shock/catastrophe is soooo easy, right?
Disclaimer: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please click here for a full disclaimer.
-
DynamicHedge is an equities, futures and derivatives trader based on the West Coast. He runs a long/short opportunistic relative-value strategy within a proprietary trading group. More
-
-
-
Recent Posts
- How Value Investors View Bitcoin
- Trusting your Intuition in Financial Markets
- Total Coin Supply and Inflation in ICOs
- Tokens, Blockchain, and Bubbles
- Three Ways To Be In Service To the Market
- Underlying behavioral trends
- Pattern Recognition vs Pattern Matching
- Seasons of the market
- Volatility expands at the end of a bull market
- Market maps and cycle changes
-
Archives
