Thought it interesting the market oracle would call this pattern a bullish pattern . Look at chart 5 called compq http://www.marketoracle.co.uk/Article39719.html
then look at the date as it bought in a major 14 year top . For those who don't know compq is the composite index of the nasdaq so basically a larger version of the ndx .
Note the spi difference to xjo which is the result of companies go x divvy so one could argue this pattern here is not relevant BUT does anyone have a view ?
