themarketzone
Short

AB=CD pattern just became bad news for the bulls

AMEX:FAS   DIREXION DAILY FINANCIAL BULL 3X SHARES
The AB=CD pattern mentioned in this week's Weekly Markets Analysis newsletter (http://marketzone.tumblr.com/post/97990505610/weekly-markets-analysis-stock-market-trade-ideas) just may became a serious warning signal for the financial bulls.
The lower border of the Trading channel we've been monitoring in the Market Zone for while, just got breached.
If this situation will stay till the end of the trading day, it is a great development to my bearish setup.

Weekly Analysis - https://goo.gl/5NALBy

Tomer J,
The Market Zone - You trading Edge
Visit my website - http://www.themarketzone.net/
Blog - http://www.themarketzone.net/?page_id=2371
Youtube - https://www.youtube.com/c/TheMarketZone
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out