Market Leader creates largest bearish pattern since 2000
by Kimble Charting CLICK ON CHART TO ENLARGE Since the lows in 2009 the S&P has gained around 250%. During the same time frame, Semiconductors (SMH) has gained nearly 520%. The chart above looks at SMH since inception and highlights bearish reversal patterns (Bearish Wicks). These types of patterns often take place at important highs. As you can see … Read more