This is just a good example of a classic pattern in action. The tinted area below could be considered either a right triangle top or, my preference, a head and shoulders top. Archer Daniels Midland (ADM) is presently in a freefall; something about its CFO doing something naughty or something.
![](https://slopeofhope.com/wp-content/uploads/2024/01/slopechart_ADM-640x347.jpg)
The longer-term picture shows ADM’s propensity to top out and reverse.
![](https://slopeofhope.com/wp-content/uploads/2024/01/slopechart_ADM-1-640x347.jpg)