S&P triple top, bearish formation

Discussion in 'Technical Analysis' started by kxvid, May 28, 2009.

  1. kxvid


    As we all know technical analysis is always lags, and must be taken with a grain of salt. But check out the very bearish formation of a triple top, each with lower highs. Where are we headed? Down, in my estimation 850 S&P target within a short period of time.