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sich

Hp Head And Shoulders Pattern ?

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Markets that are due for a correction often trace out a couple of patterns before the fall (instead of changing direction imediately). One typical pattern is a head and shoulders whereby their is a peak ('shoulder') followed by a trough followed by a peak higher than previous one ('head') followed by another trough and another smaller peak ('shoulder').

Could this new mini boom take the average house price above the last peak ??? setting us up for a head and shoulders pattern ?

Alternatively - markets sometimes show a 'double top' pattern whereby the price hits the same 'ceiling' price twice before reversing.

comments from Dr. Bubb would be appreciated.

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a double top occurs because investors get spooked, they see after the first peak, so when the price returns to the same value again at the second peak they try to get out....

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Markets that are due for a correction often trace out a couple of patterns before the fall (instead of changing direction imediately). One typical pattern is a head and shoulders whereby their is a peak ('shoulder') followed by a trough followed by a peak higher than previous one ('head') followed by another trough and another smaller peak ('shoulder').

Could this new mini boom take the average house price above the last peak ??? setting us up for a head and shoulders pattern ?

Alternatively - markets sometimes show a 'double top' pattern whereby the price hits the same 'ceiling' price twice before reversing.

comments from Dr. Bubb would be appreciated.

which chart are you looking at Sich?

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which chart are you looking at Sich?

No chart in particular - just speculating on possible outcomes from claims of recent surge in HPI after the downturn over the last year.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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