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SPX/VIX Ratio..Inverted H&S bottom?


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#1 tomterrific14

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Posted 25 February 2009 - 10:10 PM

http://stockcharts.c...y.html?spy:$vix long sideways pattern...resembles a latent H&S bottom....need neckline break out.....50 day MA rising......

#2 goldswinger

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Posted 26 February 2009 - 09:13 AM

I read elsewhere from another post that an inverted head and shoulders pattern must start or be coming from a bottom for it to be valid which in fact means that you would need to have at least a double bottom....... My .02 Canadian cents in adding to this body of knowledge on patterns...... Goldswinger.