A Troubling Pattern

Dear Market Tamers, Our Chief Technical Strategist, Gregg Harris, closely monitors stocks with seasonal patterns. He identifies stocks that trend in a similar fashion year after year, potentially allowing you to get ahead of big moves before they happen. Read below to discover what stocks Gregg has his eye on at the moment. Then be sure to follow the included link to learn more and see his supporting analysis. A Troubling Pattern The S&P 500 has been consolidating and trying to find a bottom since the low set two weeks ago. However, it has been coiling up, forming lower highs and higher lows, with volume decreasing. This action is meeting the classic definition of a symmetrical triangle, which is usually (but not always), a continuation pattern. Martin…Read more Putting your profits first, Market Tamer Team www.MarketTamer.com

 

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