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 •690 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,965.90 | +26.20 | +1.35% |
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WTI Crude •11 mins | 91.53 | -5.07 | -5.25% |
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Gasoline •19 mins | 3.284 | -0.170 | -4.92% |
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Ethanol •690 days | 2.161 | +0.000 | +0.00% |
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Silver •690 days | 30.82 | +1.16 | +3.92% |
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Silver • 690 days | 30.82 | +1.16 | +3.92% | |
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Copper • 690 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 98.44 | -5.10 | -4.93% | |
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Natural Gas • 13 mins | 2.883 | -0.024 | -0.83% | |
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Heating Oil • 48 mins | 3.722 | -0.166 | -4.26% |
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