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 •779 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •20 mins | 1,895.70 | +56.60 | +3.08% |
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WTI Crude •2 hours | 87.06 | +0.23 | +0.26% |
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Gasoline •2 hours | 3.348 | +0.085 | +2.61% |
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Ethanol •779 days | 2.161 | +0.000 | +0.00% |
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Silver •779 days | 30.82 | +1.16 | +3.92% |
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Silver • 779 days | 30.82 | +1.16 | +3.92% | |
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Copper • 779 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 40 mins | 94.39 | +0.61 | +0.65% | |
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Natural Gas • 2 hours | 2.773 | +0.040 | +1.46% | |
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Heating Oil • 2 hours | 4.495 | +0.015 | +0.32% |
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