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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!

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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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