BEN has formed a H&S pattern on the monthly chart.
I believe BEN will drop down to its 2000-2009 trend line. Financials are being hit hard, and many have been calling for a recession or at least a slow down over the next couple of year.
The fall to the trend fits into the larger picture of global slowdown within the next few years.
Nota
* This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
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