As of 11/13/2019
  Indus: 27,784 +92.10 +0.3%  
  Trans: 10,843 -116.63 -1.1%  
  Utils: 844 +12.11 +1.5%  
  Nasdaq: 8,482 -3.99 0.0%  
  S&P 500: 3,094 +2.20 +0.1%  
YTD
 +19.1%  
 +18.2%  
 +18.4%  
 +27.8%  
 +23.4%  
  Targets    Overview: 10/31/2019  
  Up arrow28,200 or 27,100 by 12/01/2019
  Up arrow11,300 or 10,100 by 11/15/2019
  Up arrow870 or 800 by 12/01/2019
  Up arrow8,700 or 8,200 by 12/01/2019
  Up arrow3,150 or 2,950 by 11/15/2019
As of 11/13/2019
  Indus: 27,784 +92.10 +0.3%  
  Trans: 10,843 -116.63 -1.1%  
  Utils: 844 +12.11 +1.5%  
  Nasdaq: 8,482 -3.99 0.0%  
  S&P 500: 3,094 +2.20 +0.1%  
YTD
 +19.1%  
 +18.2%  
 +18.4%  
 +27.8%  
 +23.4%  
  Targets    Overview: 10/31/2019  
  Up arrow28,200 or 27,100 by 12/01/2019
  Up arrow11,300 or 10,100 by 11/15/2019
  Up arrow870 or 800 by 12/01/2019
  Up arrow8,700 or 8,200 by 12/01/2019
  Up arrow3,150 or 2,950 by 11/15/2019

Bulkowski's Complex Head-and-Shoulders Tops Quiz

 

Released 8/12/2019.

Complex Head-and-Shoulders Tops: Quiz

Below is a slider quiz to test your ability to identify complex head-and-shoulders tops. Captions appear below the pictures in red for guidance, so be sure to scroll down far enough to read them.

 

1 / 7
chart pattern
Shown is an example of a complex head-and-shoulders top (cHST). This one has a left shoulder (L), dual head (H), and right shoulder (R). A neckline (shown in red) slopes downward. In such a situation, use a horizontal line connecting the lowest armpit on the right side of the head (shown here as a green line), as the neckline. Why? Because if the neckline is too steep, price may never close below it. When price closes below the neckline, it validates the pattern as a good one and signals a breakout. In many cHSTs, you'll see horizontal or near-horizontal necklines. Volume is typically higher on the left shoulders than on the right ones. Complex head-and-shoulders can have many heads and many shoulders, but usually have one or the other (many heads or many shoulders, but not both).
2 / 7
chart pattern
Find a bad example of a complex head-and-shoulders top. For help, click here.
3 / 7
chart pattern
This cHST has many shoulders but only one head. Notice that the shoulders on the left mirror the ones on the right in distance and price (most of the time). The shape of this one looks more like a rounding top, than a cHST.
4 / 7
chart pattern
Find as many cHSTs as you can and a diamond top. This is a composite chart of Go Pro stock (meaning I took two pics and combined into one).
5 / 7
chart pattern
The left complex head-and-shoulders top is a good example what one should look like. This has a dual head. The other cHST is probably better called a diamond top because of its shape.
6 / 7
chart pattern
Let's try one more. Find as many cHSTs as you can and find a triple top, too.
7 / 7
chart pattern
The triple top is the three Ts on the left. The cHST is a dual head variety.

See Also

 
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