3 Peaks and a Domed House

This pattern widely referred to as having occurred before the Great Depression. Opinion:  while this pattern may be seen in REGULAR markets, our markets are being propped up with QE.  Absent any major headline risk or shocks (such as the Japanese tsunami) I doubt the probability of such patterns following through.  Just my .02 cents as long as QE is running.

Courtesy of http://thepatternsite.com

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