As of 06/14/2024
  Indus: 38,589 -57.94 -0.1%  
  Trans: 14,807 -161.34 -1.1%  
  Utils: 917 -0.41 0.0%  
  Nasdaq: 17,689 +21.32 +0.1%  
  S&P 500: 5,432 -2.14 0.0%  
YTD
 +2.4%  
-6.9%  
 +4.0%  
 +17.8%  
 +13.9%  
  Targets    Overview: 06/13/2024  
  Up arrow39,900 or 37,650 by 07/01/2024
  Up arrow15,800 or 14,300 by 07/01/2024
  Up arrow960 or 890 by 07/01/2024
  Up arrow17,800 or 16,750 by 07/01/2024
  Up arrow5,500 or 5,250 by 07/01/2024
As of 06/14/2024
  Indus: 38,589 -57.94 -0.1%  
  Trans: 14,807 -161.34 -1.1%  
  Utils: 917 -0.41 0.0%  
  Nasdaq: 17,689 +21.32 +0.1%  
  S&P 500: 5,432 -2.14 0.0%  
YTD
 +2.4%  
-6.9%  
 +4.0%  
 +17.8%  
 +13.9%  
  Targets    Overview: 06/13/2024  
  Up arrow39,900 or 37,650 by 07/01/2024
  Up arrow15,800 or 14,300 by 07/01/2024
  Up arrow960 or 890 by 07/01/2024
  Up arrow17,800 or 16,750 by 07/01/2024
  Up arrow5,500 or 5,250 by 07/01/2024

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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