FWIW here's a chart showing a non-symmetrical possible H&S top in 2014....not saying it will happen, but the actual H&S pattern (non-symmetrical) compared to the non-symmetrical 1929 H&S top posted here
is very similar in terms of technical similarities (i.e. downward-sloping neckline which is quite bearish).
Know there's a chart out there shown by Mark Hulbert of Marketwatch.com that's recently generated lots of comment and criticism showing similarities between 1929 and now, but that's chart doesn't have similar pricing scales, so not necessarily a 1 to 1 comparison.
Rather, my intent is to see/share the actual H&S topping pattern from 1929 and see technical similarities to this possible forming H&S today...am intrigued how both have downward-sloping necklines....something to consider if this current one confirms as an H&S. And, am not predicting, rather trying to interpret......
Know there's a chart out there shown by Mark Hulbert of Marketwatch.com that's recently generated lots of comment and criticism showing similarities between 1929 and now, but that's chart doesn't have similar pricing scales, so not necessarily a 1 to 1 comparison.
Rather, my intent is to see/share the actual H&S topping pattern from 1929 and see technical similarities to this possible forming H&S today...am intrigued how both have downward-sloping necklines....something to consider if this current one confirms as an H&S. And, am not predicting, rather trying to interpret......