Head and Shoulders Top or Bottom

25 Nov in bear put spreads, Blog, bull call spreads, call options, commodity consulting, commodity trading, commodity trading rules, futures broker, managed futures, managed futures accounts, Michael Seery, options broker, put options, Seery Futures.com, simulated trading

Head and Shoulders Top or Bottom---This technical indicator consists of a left shoulder, a head, and a right shoulder and a line drawn as the neckline and occur in many different daily charts over the course of time. The left shoulder is formed at the end of an extensive move during which volume is noticeably high. This type of indicator takes time to develop usually a couple of months in my opinion.

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