@TechCharts Do you classify this as a rectangle pattern although there was only one rebound from the lower boundary?
As always, thank you for sharing these.
This is absolutely wild:
All of the headlines focused on how the "US added 303,000 jobs in March."
However, if you dig further into the data, ALL of the job gains came from part-time jobs, according to ZeroHedge.
Last month, the US added a whopping 691,000 part-time jobs while LOSING 6,000 full-time jobs.
The worst part?
Over the last year, the number of full-time jobs is DOWN 1.347 million.
Meanwhile, the number of part-time jobs is up by 1.888 million, according to ZeroHedge.
What is happening here?
@PeterLBrandt Great analysis of the cup with handle. I've mostly seen this pattern as a bullish set up, but can its inverse version be just as reliable as a bearish signal?
@markminervini Seeing this level of risk management can be just as rewarding as watching a position going your way. Great source of inspiration. Thanks.
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