The pattern you identified in the DOW chart as a Bearish Gartley as per Bulkowski's "The Patterns Site" turns out not to be a Bearish Gartley at all. The reason being Point D rises above point X. Therefore as The Pattern Site states, the pattern becomes invalid and therefore should be ignored. BTW this is not the only reason why the identified pattern is not a Bearish Gartley, however it would be superfluous to go any further. So keep looking maybe you some other bearish crap or possibly even Bearish Crab you could try for size. However to help you along it's not a Bearish Crab Pattern either!
AVZ Price at posting:
74.5¢ Sentiment: None Disclosure: Not Held