A.K.A. Bearish Bat Pattern.
Semantics aside, check out the Dow futures right now - it's bizarre.
I'm guessing that this could move violently lower soon, but I couldn't tell you for sure. After all, this is the first bear bat-pig ever spotted.
CURRENCYCOM:US30
TVC:SPX
TVC:NDX
TVC:DJI
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SPCFD:SPX
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Just don't know what all the doom and gloom is about.
If the magic line of manipulation gets broken, then I will agree that it is all bearish for the foreseeable future.
Until that point, I think it's best to keep an open mind about what could happen considering the Monthly Chart and where the market could close on Tuesday evening.
SPCFD:SPX
