• 391 days Could Crypto Overtake Traditional Investment?
  • 395 days Americans Still Quitting Jobs At Record Pace
  • 397 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 400 days Is The Dollar Too Strong?
  • 401 days Big Tech Disappoints Investors on Earnings Calls
  • 402 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 403 days China Is Quietly Trying To Distance Itself From Russia
  • 404 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 408 days Crypto Investors Won Big In 2021
  • 408 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 409 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 411 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 411 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 415 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 415 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 416 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 418 days Are NFTs About To Take Over Gaming?
  • 418 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 421 days What’s Causing Inflation In The United States?
  • 422 days Intel Joins Russian Exodus as Chip Shortage Digs In
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

Three Peaks and a Domed House

Friday's decline broke the neckline of a small head-and-shoulders pattern seeming to leave behind the cupola Lindsay described as the top of his Domed House pattern: points 21 - 25.

If the market holds to the template, the Dow should fall to point 26 and rebound to point 27 within the same price range as the First Floor Roof (points 15-20).

That consolidation is followed by a return to the bottom of the Separating Decline at points 10 and 14 on the chart below.

=Dow Jones Industrial Average: Three Peaks and a Domed House

 


Get your copy of the September Lindsay Report at Seattle Technical Advisors.com

 

Back to homepage

Leave a comment

Leave a comment