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themarketzone

AB=CD pattern just became bad news for the bulls

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Direxion Financial Bull 3X Shares (AMEX:FAS)  
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AMEX:FAS   Direxion Financial Bull 3X Shares
Harmonic Patterns AB=CD Stocks swingtrading
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harmonicpatterns abcdpattern stocks swingtrading
The AB=CD pattern mentioned in this week's Weekly Markets Analysis newsletter (marketzone.tumblr.co...k-market-trade-ideas) just may became a serious warning signal for the financial bulls.
The lower border of the Trading channel we've been monitoring in the Market Zone for while, just got breached.
If this situation will stay till the end of the trading day, it is a great development to my bearish setup.

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