{"id":196488,"date":"2025-04-21T11:20:21","date_gmt":"2025-04-21T11:20:21","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/elevator-down\/"},"modified":"2025-04-21T11:20:21","modified_gmt":"2025-04-21T11:20:21","slug":"elevator-down","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=196488","title":{"rendered":"Elevator Down?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<p class=\"\">Having been schooled by one of the greatest chart pattern traders ever (Peter Brandt), has given me a love and appreciation of the art. For those who don\u2019t know, little of mastering and succeeding at the skill is about pattern recognition but instead, risk management. As it turns out, that is no different than anything when it comes to the investment world. &nbsp;<\/p>\n<p class=\"\">As you can see in the PAGS chart below, a textbook head and shoulders pattern with negative RSI momentum divergence is screaming out \u201cSHORT ME\u201d. Well, not immediately because every pattern needs a confirmation before entry, this one being when price falls and stays below the green horizontal support line. If that were to occur, the pattern\u2019s target is down at T1, a nice 30+% decline. As ideal as this setup is, the probabilities of failure are good because the overall trend of the stock market over time is up and any short would be taking a position against the longer-term trend. So, a decision has to be made either and then decide whether to avoid the lower probability setup (even as good as the setup looks) or take it and keep a shorter leash (minimizing losses) in case you are wrong.<\/p>\n<figure class=\"\n              sqs-block-image-figure\n              intrinsic\n            \"><\/p>\n<p>                <img decoding=\"async\" data-stretch=\"false\" data-image=\"https:\/\/images.squarespace-cdn.com\/content\/v1\/52fbd83be4b095a0f516b6ea\/1570461703595-S168HICJIF57B6GHC5C2\/san+ramon+napfa+certified+financial+planning+investment+advisor+PAGS+10-7-19.png\" data-image-dimensions=\"1565x1230\" data-image-focal-point=\"0.5,0.5\" alt=\"\" data-load=\"false\" src=\"https:\/\/images.squarespace-cdn.com\/content\/v1\/52fbd83be4b095a0f516b6ea\/1570461703595-S168HICJIF57B6GHC5C2\/san+ramon+napfa+certified+financial+planning+investment+advisor+PAGS+10-7-19.png?format=1000w\" width=\"1565\" height=\"1230\" loading=\"lazy\" data-loader=\"sqs\"><\/p>\n<\/figure>\n<p class=\"\">The fun thing about shorting is that when they work, they typically work much faster than from the long side. As they say, stairs up, elevator down.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Having been schooled by one of the greatest chart pattern traders ever (Peter Brandt), has given me a love and appreciation of the art. For those who don\u2019t know, little of mastering and succeeding at the skill is about pattern recognition but instead, risk management. As it turns out, that is no different than anything [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":196489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[20618],"dealstore":[],"offerexpiration":[],"class_list":["post-196488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-elevator"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elevator Down? - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=196488\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elevator Down? - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Having been schooled by one of the greatest chart pattern traders ever (Peter Brandt), has given me a love and appreciation of the art. For those who don\u2019t know, little of mastering and succeeding at the skill is about pattern recognition but instead, risk management. As it turns out, that is no different than anything [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=196488\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-21T11:20:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/sanramonnapfacertifiedfinancialplanninginvestmentadvisorPAGS10-7-19.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1179\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=196488#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=196488\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Elevator Down?\",\"datePublished\":\"2025-04-21T11:20:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=196488\"},\"wordCount\":237,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=196488#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/sanramonnapfacertifiedfinancialplanninginvestmentadvisorPAGS10-7-19.png\",\"keywords\":[\"Elevator\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=196488#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=196488\",\"url\":\"https:\/\/fivemor.com\/?p=196488\",\"name\":\"Elevator Down? - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=196488#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=196488#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/sanramonnapfacertifiedfinancialplanninginvestmentadvisorPAGS10-7-19.png\",\"datePublished\":\"2025-04-21T11:20:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=196488#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=196488\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=196488#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/sanramonnapfacertifiedfinancialplanninginvestmentadvisorPAGS10-7-19.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/sanramonnapfacertifiedfinancialplanninginvestmentadvisorPAGS10-7-19.png\",\"width\":1500,\"height\":1179},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=196488#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Elevator Down?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Elevator Down? - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=196488","og_locale":"en_US","og_type":"article","og_title":"Elevator Down? - Som2ny Network","og_description":"Having been schooled by one of the greatest chart pattern traders ever (Peter Brandt), has given me a love and appreciation of the art. For those who don\u2019t know, little of mastering and succeeding at the skill is about pattern recognition but instead, risk management. As it turns out, that is no different than anything [&hellip;]","og_url":"https:\/\/fivemor.com\/?p=196488","og_site_name":"Som2ny Network","article_published_time":"2025-04-21T11:20:21+00:00","og_image":[{"width":1500,"height":1179,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/sanramonnapfacertifiedfinancialplanninginvestmentadvisorPAGS10-7-19.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=196488#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=196488"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"Elevator Down?","datePublished":"2025-04-21T11:20:21+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=196488"},"wordCount":237,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=196488#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/sanramonnapfacertifiedfinancialplanninginvestmentadvisorPAGS10-7-19.png","keywords":["Elevator"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=196488#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=196488","url":"https:\/\/fivemor.com\/?p=196488","name":"Elevator Down? - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=196488#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=196488#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/sanramonnapfacertifiedfinancialplanninginvestmentadvisorPAGS10-7-19.png","datePublished":"2025-04-21T11:20:21+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=196488#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=196488"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=196488#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/sanramonnapfacertifiedfinancialplanninginvestmentadvisorPAGS10-7-19.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/sanramonnapfacertifiedfinancialplanninginvestmentadvisorPAGS10-7-19.png","width":1500,"height":1179},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=196488#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"Elevator Down?"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/196488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=196488"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/196488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/196489"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=196488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=196488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=196488"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=196488"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=196488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}