Today's pattern is often called a Megaphone Pattern and it is showing up on this 35 year chart of the DOW.
I won't get into the definition of the pattern, but instead I will invite you to explore it a little buy looking up the pattern on Google.
"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •850 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,436.00 | -57.30 | -3.84% |
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WTI Crude •1 day | 104.12 | +2.12 | +2.08% |
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Gasoline •1 day | 3.157 | +0.068 | +2.21% |
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Ethanol •850 days | 2.161 | +0.000 | +0.00% |
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Silver •850 days | 30.82 | +1.16 | +3.92% |
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Silver • 850 days | 30.82 | +1.16 | +3.92% | |
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Copper • 850 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 113.43 | +2.63 | +2.37% | |
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Natural Gas • 1 day | 2.898 | -0.054 | -1.83% | |
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Heating Oil • 1 day | 4.791 | +0.055 | +1.15% |
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