As of 09/25/2020
  Indus: 27,174 +358.52 +1.3%  
  Trans: 11,270 +152.52 +1.4%  
  Utils: 808 +12.20 +1.5%  
  Nasdaq: 10,914 +241.29 +2.3%  
  S&P 500: 3,298 +51.87 +1.6%  
YTD
-4.8%  
 +3.4%  
-8.1%  
 +21.6%  
 +2.1%  
  Targets    Overview: 09/14/2020  
  Up arrow28,650 or 26,000 by 10/15/2020
  Up arrow11,750 or 10,600 by 10/01/2020
  Up arrow845 or 775 by 10/01/2020
  Up arrow11,800 or 10,400 by 10/01/2020
  Up arrow3,600 or 3,200 by 10/01/2020
CPI (updated daily): Arrows on 8/18/20
As of 09/25/2020
  Indus: 27,174 +358.52 +1.3%  
  Trans: 11,270 +152.52 +1.4%  
  Utils: 808 +12.20 +1.5%  
  Nasdaq: 10,914 +241.29 +2.3%  
  S&P 500: 3,298 +51.87 +1.6%  
YTD
-4.8%  
 +3.4%  
-8.1%  
 +21.6%  
 +2.1%  
  Targets    Overview: 09/14/2020  
  Up arrow28,650 or 26,000 by 10/15/2020
  Up arrow11,750 or 10,600 by 10/01/2020
  Up arrow845 or 775 by 10/01/2020
  Up arrow11,800 or 10,400 by 10/01/2020
  Up arrow3,600 or 3,200 by 10/01/2020
CPI (updated daily): Arrows on 8/18/20

Bulkowski's Extended V-Top Quiz

 

Released 2/20/2020.

Extended V-Top: Quiz

Below is a slider quiz to test your ability to identify extended V-tops and trade them. 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 in red is an extended V-top chart pattern. Look for price to make a straight-line run upward with few or no pauses (A to B). Price at the top of the inverted V will form a one-day reversal, island reversal, or tail, usually on heavy volume. Price on the right side (C) must retrace at least 38.2% of the left side. Look for price to pause on the way down (D). Often this pause will look like a flag, sloping slightly upward. The pause is the extension. The duration of the pattern is from 3 weeks to 3 months. A close below C is the breakout. On the next slide, let's try to find some extended V-tops.
2 / 7
chart pattern
Find as many extended V-tops as you can. For help, click here. The next slide shows the pattern(s), if any.
3 / 7
chart pattern
I show the extended V-top in red. Shall we try again? Next slide...
4 / 7
chart pattern
Find as many extended V-tops as you can and one regular V-top. The next slide shows the pattern(s), if any.
5 / 7
chart pattern
The correct extended V-top is pattern B. Pattern A is a normal V-top. Let's try trading them in the next slide.
6 / 7
chart pattern
Shown in red is the extended V-top. It has a downward breakout at A. How far down does price drop? Does it reach line B, C, D, E, or none of the above? Answer on the next slide.
7 / 7
chart pattern
The correct answer is line E.

See Also

 
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