Thursday, August 16, 2012

The Mother of All head-and-Shoulder Patterns

Via Alpha Global Investors:

http://4.bp.blogspot.com/-iU36K_F0qn4/UCtOiTgxezI/AAAAAAAANek/k0vgtq2gsHo/s1600/big.chart.gif

That's the DJIA on a Quarterly basis. As Alpha Global says: "It shows a clear left shoulder, head, neckline ... but still no right shoulder .."