Stock market is showing signs of a potential top here. Today, price has a made a 4 Close Reversal. This is one of John Hillʼs 9 Patterns Which Signal a Trend Change. A close at or below these levels would confirmthis.Further, Friday was an “Upthrust” to new highs which found immediate sellers.The upsloping trend-line is still holding. A break of that may signal that the short term trend is sideways to down.
Lundy S. Hill