As of 01/27/2022
  Indus: 34,161 -7.31 0.0%  
  Trans: 14,810 -218.68 -1.5%  
  Utils: 930 +7.38 +0.8%  
  Nasdaq: 13,353 -189.34 -1.4%  
  S&P 500: 4,327 -23.42 -0.5%  
YTD
-6.0%  
-10.1%  
-5.2%  
-14.7%  
-9.2%  
  Targets    Overview: 01/13/2022  
  Up arrow36,000 or 32,500 by 02/15/2022
  Up arrow16,500 or 14,400 by 02/15/2022
  Up arrow970 or 890 by 02/15/2022
  Up arrow15,000 or 12,700 by 02/15/2022
  Up arrow4,700 or 4,100 by 02/15/2022
CPI (updated daily): Arrows on 1/5/22
As of 01/27/2022
  Indus: 34,161 -7.31 0.0%  
  Trans: 14,810 -218.68 -1.5%  
  Utils: 930 +7.38 +0.8%  
  Nasdaq: 13,353 -189.34 -1.4%  
  S&P 500: 4,327 -23.42 -0.5%  
YTD
-6.0%  
-10.1%  
-5.2%  
-14.7%  
-9.2%  
  Targets    Overview: 01/13/2022  
  Up arrow36,000 or 32,500 by 02/15/2022
  Up arrow16,500 or 14,400 by 02/15/2022
  Up arrow970 or 890 by 02/15/2022
  Up arrow15,000 or 12,700 by 02/15/2022
  Up arrow4,700 or 4,100 by 02/15/2022
CPI (updated daily): Arrows on 1/5/22

Bulkowski's Complex Head-and-Shoulders Bottoms Quiz

 

Released 7/26/2019.

Complex Head-and-Shoulders Bottoms: Quiz

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

 

1 / 5
chart pattern
I show a complex head-and-shoulders bottom chart pattern. This one has a left shoulder (L), two heads (H), and a right shoulder. The pattern can have multiple shoulders and one head (frequently) but rarely will it have multiple shoulders and multiple heads. A neckline (shown in red) joins the highest armpit on the left with the highest armpit on the right. A close above this line confirms the pattern as a valid one and is the entry signal. Often you'll see a near horizontal neckline. When the neckline tilts upward, use a horizontal line drawn starting from the highest right armpit to confirm the pattern. Otherwise, price may never close above the up-sloping neckline. Volume is typically highest on the left side of the pattern (hard to tell in this example, so I didn't try to draw it).
2 / 5
chart pattern
Find as many complex head-and-shoulder bottoms as you can. For help, click here.
3 / 5
chart pattern
Yes, this was an easy quiz. The neckline in this case slopes upward so use the horizontal green line as the breakout (entry signal).
4 / 5
chart pattern
Find as many complex head-and-shoulder bottoms as you can.
5 / 5
chart pattern
This quiz was harder than it looked. Pattern L-H-R is not a complex head-and-shoulders bottom. It's not even a valid (simple) head-and-shoulders bottom. Why not? Because the pattern doesn't confirm (meaning price doesn't close above the red neckline, A). The L1-H1-R1 pattern is a valid complex head-and-shoulders bottom, though. It has two narrow heads (at H1).

See Also

 
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