1. The Dow has formed a diamond pattern over the last two years. One of the rarest and most bearish patterns that exist according to the old line technical books.
2. The Hindenberg effect has occurred. I don't know or care what that means but google it and you'll find something on it. It is very bearish. I has to do with the numbers of stocks making highs and lows.
Oh no!! The dreaded diamond pattern!! That along with the return of the dirigibles,,,,,,well,,,all I can say is,,,Oh My!!!!