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 •624 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,958.40 | +14.70 | +0.76% |
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WTI Crude •11 mins | 96.79 | +1.24 | +1.30% |
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Gasoline •11 mins | 3.206 | +0.079 | +2.54% |
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Ethanol •624 days | 2.161 | +0.000 | +0.00% |
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Silver •624 days | 30.82 | +1.16 | +3.92% |
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Silver • 624 days | 30.82 | +1.16 | +3.92% | |
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Copper • 624 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 109.60 | +0.95 | +0.87% | |
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Natural Gas • 11 mins | 3.099 | -0.067 | -2.12% | |
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Heating Oil • 11 mins | 4.434 | +0.092 | +2.12% |
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