The Jan 2000 top was marked by a Diamond top formation. Well today it has formed again!
The Dow, S&P, and Canadian stock index have all formed a diamond top. And it doesn't sit well for the markets.
If we break 10825, the average decline from a diamond top formation is 21%. So Good Luck market bulls.
For the bulls to press on, we need to see another attempt to break 10,950.
No comments:
Post a Comment