One of the things that I take notice of these days (as a result of this thread) is lower double bottoms...
The funny thing is though that nowaday I'm seeing them all around the shop (especially SP500 and FTSE) and yet I haven't heard any mention of it here...
If MBL is a good example I count it as seven (trading) days down from the second lower peak and then tank... SP500 is currently 5 days from the second peak.
So is it just me or do markets always look like they're about to fall off a cliff???
ftse, page-56
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