Trumps test positive for COVID

[Bullitt]

This one is the inverted H&S...

Looks like the market wants another run down to that 3300 gap before trying again to break above the neckline.

 

[k0nkuzh0n]

Trump didn't look too healthy in his return to the white house. Looked like he was struggling to breathe.

 

[Bullitt]

Yes, that was a typing error. The IBB index negated a bearish H&S pattern today.

 

[tsptalk]

Inverse H&S negated today with the big move over previous high. Good index to watch going forward.

I would say that one is a head and shoulders pattern.

This one is the inverted H&S...

As I mentioned in today's commentary, re: the Transports, sometimes head and shoulders are continuation patterns, rather tops or bottoms. Depends on the trend.

 

[Bullitt]

Might give a pop to that lagging Nasdaq iShares Biotechnology ETF IBB which has really been flat since May.

Inverse H&S negated today with the big move over previous high. Good index to watch going forward.

 

[Bullitt]

He was administered Regeneron right away. Regeneron is still in clinical trial. Might give a pop to that lagging Nasdaq iShares Biotechnology ETF IBB which has really been flat since May.

 

[nnuut]

Trump doesn't Smoke or Drink Alcohol, that's a Big advantage!

 

[weatherweenie]

With his age, weight, etc, the fact they are reporting 'mild symptoms' already....

Think its safe to assume increased market volatility over the next 2+ weeks as Trump and those around him go through the recovery process.

 

[bmneveu]

Think its safe to assume increased market volatility over the next 2+ weeks as Trump and those around him go through the recovery process.

 

[tsptalk]

Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER!

https://twitter.com/realDonaldTrump/status/1311892190680014849