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 •713 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,814.70 | +41.90 | +2.36% |
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WTI Crude •11 mins | 76.44 | +0.39 | +0.51% |
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Gasoline •12 mins | 2.892 | +0.012 | +0.40% |
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Ethanol •713 days | 2.161 | +0.000 | +0.00% |
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Silver •713 days | 30.82 | +1.16 | +3.92% |
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Silver • 713 days | 30.82 | +1.16 | +3.92% | |
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Copper • 713 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 15 mins | 78.96 | -4.21 | -5.06% | |
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Natural Gas • 11 mins | 3.258 | +0.019 | +0.59% | |
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Heating Oil • 1 hour | 3.209 | -0.058 | -1.78% |
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