ARTICLE SYNOPSIS...The pattern that's shaping up on the 60-minute QQQ chart looks just like the one in late September. The September breakout led to a new reaction high, but the current breakout is already encountering selling pressure.
ARTICLE SYNOPSIS...The current setup in the All Ords looks similar to the June-July flag and breakout that preceded an 8% surge.
ARTICLE SYNOPSIS...Dow Chemical (DOW) recently formed two virtually identical patterns over the last four months and looks headed lower.