S&P could be repeating 2007 pattern
by Kimble Charting CLICK ON CHART TO ENLARGE Above looks at the S&P 500 over the past 17-years on a weekly basis. In 2007 at the top of a rising channel, the S&P 500 appears to have created a “Descending Triangle” pattern before heading lower. Once it broke rising & horizontal support, selling pressure took over. The S&P … Read more