Major Indices: “Looking UGLY, Billy Ray!”
By Barry Ritholtz - June 29th, 2010, 12:13PM
Ron Griess of The Chart Store recently mentioned to me that “one of the most bullish patterns around was a failed Head & Shoulders.”
Those comments are appropriate this morning, as we may soon find out if those H&S’s on the major stock indexes fail or manifest themselves as bearish signals.
Nasdaq, S&P, Dow Jones charts below.
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