Catastrophe On The Way

This is a weekly chart of the Dow Jones. Notice the ascending wedge. That is a bearish pattern. A big bear is on the way. look at the stochastics down below. Notice we are at a top of the cycle. Once the price bars move outside of the triangle it will break strongly in the direction it breaks the triangle I drew. Whatever direction it goes while breaking the triangle, that’s the direction it will go. If it breaks down it will go heavy to the down side. Look out below!
Chart PatternscrashdowjonesTechnical IndicatorsS&P 500 (SPX500)stockmarketsTrend Analysis

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