Below is an index I don’t share too often, which is the Broker/Dealer Index. This is yet another pitch-perfect example of a pattern failure (the triangle) followed by a powerful retracement right back to the apex. I would anticipate a clean reversal on this when we hit Monday.
![](https://slopeofhope.com/wp-content/uploads/2024/08/slopechart_XBD-1-640x335.jpg)