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Please Don’t Call It A Double Top in the S&P 500

It seems like every time the market approaches a previous level of resistance the “double top” callers come out in force. There is nothing wrong with correctly identifying this reversal pattern, the problem is that a double top has not formed in the $SPY. Look below at the chart of RedHat ($RHT) […]

By |August 20th, 2014|Articles, Education, General Blogs|Comments Off on Please Don’t Call It A Double Top in the S&P 500