As of 01/27/2023
  Indus: 33,978 +28.67 +0.1%  
  Trans: 14,483 +191.14 +1.3%  
  Utils: 968 +1.08 +0.1%  
  Nasdaq: 11,622 +109.30 +0.9%  
  S&P 500: 4,071 +10.13 +0.2%  
YTD
 +2.5%  
 +8.1%  
 +0.0%  
 +11.0%  
 +6.0%  
  Targets    Overview: 01/13/2023  
  Up arrow34,900 or 33,150 by 02/01/2023
  Up arrow15,100 or 13,500 by 02/01/2023
  Up arrow1,040 or 950 by 02/01/2023
  Up arrow12,400 or 11,000 by 02/15/2023
  Up arrow4,100 or 3,800 by 02/01/2023
As of 01/27/2023
  Indus: 33,978 +28.67 +0.1%  
  Trans: 14,483 +191.14 +1.3%  
  Utils: 968 +1.08 +0.1%  
  Nasdaq: 11,622 +109.30 +0.9%  
  S&P 500: 4,071 +10.13 +0.2%  
YTD
 +2.5%  
 +8.1%  
 +0.0%  
 +11.0%  
 +6.0%  
  Targets    Overview: 01/13/2023  
  Up arrow34,900 or 33,150 by 02/01/2023
  Up arrow15,100 or 13,500 by 02/01/2023
  Up arrow1,040 or 950 by 02/01/2023
  Up arrow12,400 or 11,000 by 02/15/2023
  Up arrow4,100 or 3,800 by 02/01/2023

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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