A dangerous triangle…

Posted on Mar 19, 2018 by in Letters

http://schrts.co/3hqd55

http://schrts.co/CuWr77 

Readers may reacquaint themselves about triangles in the 10th ed. of Technical Analysis of Stock Trends. Chapter 8.   Prices are in a triangle -- or rather breaking down out of a triangle.  This is not good news.  While there is substantial similarity in the charts there is another interpretation  possible of the S&P  chart.

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