Browse Stacks: Patterns: Pennants: DOW - Weekly 1.27.2016.png

DOW - Weekly 1.27.2016.png

DOW weekly. This is NOT investment advice.


"A bull market correction bottom"?? Oh boy.... 
The "bottom" will be in when absolutely everyone has stopped looking for it. When Time Magazine publishes another "The end of equities" cover story, THAT'S where the bottom will be. 1/27/16
@EMB145: I agree mostly, which is why once we break below DOW 15,000 you are going to get that magazine cover telling the world the dow is under that level. Then the market will bottom and bull market will continue. 1/27/16
By the way, magazine covers like "The End of Equities" only occur at the bottom of major secular downtrends, like 1982. This is a bull market correction, not a bear market, so we don't necessarily need to see that kind of magazine cover. 1/27/16