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 •272 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,009.60 | +5.00 | +0.50% |
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WTI Crude •10 mins | 71.25 | +0.05 | +0.07% |
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Gasoline •13 mins | 2.306 | +0.004 | +0.15% |
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Ethanol •272 days | 2.161 | +0.000 | +0.00% |
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Silver •272 days | 30.82 | +1.16 | +3.92% |
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Silver • 272 days | 30.82 | +1.16 | +3.92% | |
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Copper • 272 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 74.50 | +0.01 | +0.01% | |
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Natural Gas • 14 mins | 3.950 | -0.001 | -0.03% | |
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Heating Oil • 15 mins | 2.297 | +0.008 | +0.35% |
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