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Topping Pattern Formation
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Topping Pattern Formation

Topping Pattern Formation

by The MoleAugust 27, 2009

Fujisan here

I just came back to the States and I’m making a couple of stops before I head out to Seattle.  Yes, I’m in Vegas, enjoying nice food, shows, and relaxing atmosphere.  If you see a Japanese woman playing with a laptop computer by the swimming pool, that must be me!

Before I head out for a dinner, I thought that I should go ahead and do a comment cleaner.  

One thing that I like to point out here is that I see the same type of topping pattern formation as I saw back in June.  I’m using the previous head (now the left shoulder) as my road map for this time around.  I’m expecting a high level of consolidation and many dojis and hammers for the coming week until it finally makes a nominal high possibly on Sep 4th or Sep 7th. 

I would also like to point out that we are in a bull cycle (please see my posting back in June at https://evilspeculator.com/?p=8772 for more details) and this cycle will turn on Sep 6th.

Good luck to you all!

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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