market will flatline need those stimulants, page-4

Some have mentioned with trepidation the double top of SP500 of 2000 and 2007 and are scared of breaking to new lows.

On a smaller scale the convential method with double tops is the distance below the middle low and the tops is likely to be the distance below once it breaks.

Obviously is this case you would end up with a number below zero so forget it.

What this seems to be doing is what the Dow Not the SP500 did in the last 17 year bear market of 1966-1983.

The pattern then was a flat topped megaphone. An expanding wedge with a flat top and a falling series of deeper bottoms.

So before the 17 years is up in 2017 approx. we could see a triple top even, and one or more deeper bottoms.

Of course the odds of it being exactly the same is remote but it is doing a good imitation so far.