S&P triple top, bearish formation

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

  1. kxvid

    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.