johnny reb
21 May 2020
Off-Topic / Stock Market and Trading Talk [1011]
That all sounds very logical.
Your double top May 18 and May 20th really isn't a double top though.
Maybe you are talking about the S&P, very short term.
On Monday this week the index hit 2980 then down to 2910 on Tuesday.
Then yesterday back to 2980.
So there were two little peaks, but that usually wouldn't be considered a double top.
Double tops, or bottoms, generally have one or two months in between.
That all sounds very logical.
Your double top May 18 and May 20th really isn't a double top though.
Maybe you are talking about the S&P, very short term.
On Monday this week the index hit 2980 then down to 2910 on Tuesday.
Then yesterday back to 2980.
So there were two little peaks, but that usually wouldn't be considered a double top.
Double tops, or bottoms, generally have one or two months in between.