It is without doubt that the U.S. stock market has been one of the greatest wealth generators over the past fifty-three years, but it has been a rocky ride for some. Market movements, whether up or down, never occur in a straight line, and, as can be seen in the above graphic, the S&P 500 […]
Tag Archives: S&P 500
Bump, Bump, Bump? A Triple Top?
For those of us who like to watch chart patterns there is a very interesting (and worrisome) pattern developing in the S&P 500 – the dreaded triple top chart pattern. As can be seen in the chart to the left, the S&P 500 is fast approaching a triple top pattern. The significance of such a […]