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Tuesday, March 2, 2021

Same topping formation everywhere

 Just saw some amazing technical analysis that is revealing the same topping pattern, Head & Shoulders, is popping up everywhere.

While the market is still holding up reasonably well, can it keep the current struggling at the top for long? I doubt. So watch the neckline very carefully as when it breaks, it can move down fairly quickly. My advice? Stay at the EXIT as close as possibly and be vigilant. Hopefully you can be among the first ones to have time to rush out when the theater FIRE💥 is called!!

Topping Patterns, Technically Speaking: Topping Patterns Popping Up Everywhere

Below is just the reminder of what had happened a year ago before the epic March crash hit.

Topping Patterns, Technically Speaking: Topping Patterns Popping Up Everywhere

Notably, we see this pattern elsewhere.

Nasdaq Index

Topping Patterns, Technically Speaking: Topping Patterns Popping Up Everywhere

Emerging Markets

Topping Patterns, Technically Speaking: Topping Patterns Popping Up Everywhere

International Markets

Topping Patterns, Technically Speaking: Topping Patterns Popping Up Everywhere


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