Triple Top Threat Looms Large
April 22, 2013 at 2:34 PM How To Trade Against A Triple Top Backdrop
The Shadow knows... and that's exactly what we have in the S&P 500 Emini Futures - a gigantic shadow being cast over the markets by the biggest triple top in trading history. We are at all time historic highs in the Dow and the S&P over the past month and yet we can not seem to break out and break away. The longer we grind here without a meaningful break out, the greater the chance we will break down instead of up.
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