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head-and-shoulders pattern

Reduce Your Exposure Next Time the Market Bounces – Here’s Why

Unless the S&P 500 rebounds and stays above 1250-1260, the recent 10% drop in the index may well be an indication that the markets have capitulated and a signal of the beginning of a renewed severe downturn. Words: 752

July 31st, 2011 | Posted in Investing,Stock Indices | Read More »

Robert Prechter’s Elliott Wave Theory: Dow Set to Tumble to 8,000

U.S. stocks could sink by more than 20 percent if the neckline of a head-and-shoulders pattern on the Dow Jones Industrial Average is breached, according to Robert Prechter’s Elliott Wave International Inc. Words: 524

September 22nd, 2010 | Posted in Investing,Stock Indices | Read More »

 

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