Dow Jones Double ("M") Top Forming
This pattern is not complete, but it is getting close.
Confirmation of this pattern will occur if index closes below 23400. If that happens, we will likely be entering a mid/long-term bear market for many stocks.
More info on this pattern can be found at: www.investopedia.com...y/charts/charts4.asp
Confirmation of this pattern will occur if index closes below 23400. If that happens, we will likely be entering a mid/long-term bear market for many stocks.
More info on this pattern can be found at: www.investopedia.com...y/charts/charts4.asp
Comment:
Still monitoring this pattern on all the major indexes
Trade active