Kimble Charting

Stock indices creating look-alike bearish patterns?

Kimble Charting

Wed, Apr 11, 2018, 7:56 AM

Stock indices creating look-alike bearish?patterns?

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The Dow has spent the majority of the past 70-years inside of bullish rising channel (A). It hit the top of this channel in January at (1), as monthly momentum was hitting levels last seen in 2007, 2000, 1987, 1957 and 1929.
The 4-pack highlights look-alike patterns several indices have created since the Dow hit the top of the channel in January.
The 4-pack highlights?

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Stock indices creating look-alike bearish patterns?

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