ARTICLE SYNOPSIS...The descending triangle is a bearish formation that typically forms during a downtrend as a continuation pattern.
AUTHOR: Gary GrosschadlDATE: DEC 2002
ARTICLE SYNOPSIS...With oil prices in a rising trend, the Airline Index ($XAL) has been taking a beating.
AUTHOR: Gary GrosschadlDATE: JUN 2004
ARTICLE SYNOPSIS...A previous pattern has come into play again as this index tries for another bounce up via the recent bottom hammer.
AUTHOR: Gary GrosschadlDATE: FEB 2003
ARTICLE SYNOPSIS...$XAL has formed multiple bearish flag & pennant formations.
AUTHOR: Chaitali MohileDATE: JUN 2007
ARTICLE SYNOPSIS...The airline index plunged 50% in the past year. Now there are signs of a bottom.
AUTHOR: Gary GrosschadlDATE: JAN 2008