Amidst all the chaos and confusion of the markets and the latest political shenanigans, there’s been an important pattern forming in the shadows of the Stock Market.
That pattern is a Triple-Top formation and, these are important predictors of coming strength or weakness.
As you can see on the chart to the left, the last triple-top formation preceded a big break-out in prices to the upside.
This happened in early February.
Now, the cycle has lengthened out a bit and the next top could be expected in the next week approximately.
We may have already put in a higher bottom yesterday which would be an early confirmation of the higher prices to come next week. – George