Discuss Market Comments 04/21/11

Gap holds - Following Intel's positive earnings report, the market opened up very strongly yesterday and held onto a 175 - 200 point gain the entire day. The Dow closed up 187-points and after the close, we saw a couple more positive tech earnings reports...

Market Commentary for 4/21/11

Current Daily Market Commentary

 

[pmcint01]

Tom,

Would you be able to post a sample of a completed Head and Shoulders chart pattern form the past? I'd be interested to see how it plays out once it is completed.

Thanks.

 

[tsptalk]

This is an H&S with aa break of the neckline, then a test...

This is a test of the middle of the head, then a break...

Let me flip them over for the inverse H&S, which we are seeing now...