As of 12/07/2022
  Indus: 33,598 +1.58 +0.0%  
  Trans: 13,768 -130.21 -0.9%  
  Utils: 973 -6.18 -0.6%  
  Nasdaq: 10,959 -56.34 -0.5%  
  S&P 500: 3,934 -7.34 -0.2%  
YTD
-7.5%  
-16.4%  
-0.8%  
-30.0%  
-17.5%  
  Targets    Overview: 12/01/2022  
  Up arrow35,500 or 32,800 by 12/15/2022
  Down arrow13,400 or 14,500 by 12/15/2022
  Up arrow1,000 or 925 by 12/15/2022
  Up arrow12,000 or 10,600 by 12/15/2022
  Up arrow4,250 or 3,850 by 12/15/2022
CPI (updated daily): Arrows on 12/5/22
As of 12/07/2022
  Indus: 33,598 +1.58 +0.0%  
  Trans: 13,768 -130.21 -0.9%  
  Utils: 973 -6.18 -0.6%  
  Nasdaq: 10,959 -56.34 -0.5%  
  S&P 500: 3,934 -7.34 -0.2%  
YTD
-7.5%  
-16.4%  
-0.8%  
-30.0%  
-17.5%  
  Targets    Overview: 12/01/2022  
  Up arrow35,500 or 32,800 by 12/15/2022
  Down arrow13,400 or 14,500 by 12/15/2022
  Up arrow1,000 or 925 by 12/15/2022
  Up arrow12,000 or 10,600 by 12/15/2022
  Up arrow4,250 or 3,850 by 12/15/2022
CPI (updated daily): Arrows on 12/5/22

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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