ARTICLE SYNOPSIS...Gold's mid-week reversal (5/15/2019) is a prime example of the topic I discussed earlier this month, namely the failure of technical patterns.
ARTICLE SYNOPSIS...Key reversal days by Peter Aan Note the differences in this bearish pattern, however. Pattern A requires only a lower close than the previous day and does not require that the previous day's low be penetrated. Pattern B does require such a penetration,
ARTICLE SYNOPSIS...The Dow Jones industrials completed a weekly key reversal last week, which may support the seasonal bottom that often occurs in October.
ARTICLE SYNOPSIS...On November 13, the Dow Jones Industrial Average started the day by testing the low of October 10. It then reversed upward, strongly forming a key reversal. Does this signify the completion of wave C?