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Elliott Wave International

An Imminent Multi-Year High In The Stock Market?

Kevin Barry  |  Mon, 21/01/2013 - 17:08
Kevin Barry

This is a brief clip from the March 2012 Market Roundup discussing an unfolding technical pattern warning of a potential multi-year stock market top. A year later, we are getting very close.....

In the March 2012 Market Roundup, Kevin Barry of the Traders & Investors Club discussed a possible megaphone topping pattern in the stock market.

Almost a year on, the market is getting very close to completing this pattern. If this pattern plays out as expected, the stock market will post a long-term top before the middle of the year and reverse hard into a severe multi-year bear market.

We shall be watching the unfolding of the pattern very carefully over the next couple of months.  

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