ARTICLE SYNOPSIS...Broadening formations, also known as broadening triangles, are defined as a series of higher highs combined with lower lows. Trading volume tends to expand during the widening phase, and signal a breakdown of the current pattern.
ARTICLE SYNOPSIS...A bearish triangle threatens reversals for the Dow Jones Transportation Average.
ARTICLE SYNOPSIS...Broadening tops are a bearish formation and the Dow has two it may be working on-- A large long term one with scary implications and a smaller one contained within.