down almost 6 percent in new york, page-19

JK is was thinking the same thing.

Triple Bottom- patterns are found at the end of downtrends where price makes three attempts at a new low. These attempts are spaced apart often by multiple weeks. The support area which price fails to penetrate does not have to be the exact same price, and multiple attempts to decline into the same area may be considered a potential triple bottom. During this time, a support level is established which forms a trading range between the lows and overhead resistance. The upside break of this resistance confirms the triple bottom pattern, which is a technical buy signal.