The Largest Head and Shoulders Top in 100 Years?

As my friend JC says, the problem with patterns is that once they’re recognizable to everyone, what you expect to happen probably won’t.

But as Chris Kimble, whose chart appears below, would say: “Don’t blame me, I didn’t create these patterns – billions of people did!”

How about the potential for the largest head-and-shoulders market top in 100 years?  Chris’s speculation on the possibility below (click to embiggen!):

Source:

Kimble Charting Solutions

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

blog comments powered by Disqus