Broadening DJI Patterns and Flat-Topped Megaphone Patterns 1968 Oct-breakout 950-990 Early December Top. S1 Bull Market Peak, Bear Market started in June.. 1980 February 1980 Peak at Rising Resistance. S9 Then Bear Market. 1981 Mid-Nov Peak at rising Resistance. S9. 8% Decline. Bear Market began 6 months later. 1987 August peak at rising resistance. S4. Bear market began. 1996 Nov rally past rising resistance line. Bull market. 2000 Jan. peak at rising resistance line. S9.S12 Bull market peak. Bear market followed. |
February 1980 Peak at Rising Resistance and Then Bear
Market. |
DJI MEGAPHONE PATTERN
Flat-Topped Megaphone Pattern 1972-1973 |