Voodoo, like stock chart patterns, doesn't work if people don't believe in it. It's people's reaction to the doll with needles in it, not the needles themselves that causes the hysterics. The green and blue trend channel and triangle shown on the plot below are ominous if you believe, if you don't, they're mildly interesting at best and positively annoying if bullish. I am a sucker for symmetry, so I think that this is probably the umpteenth time that I have shown similar trend lines and made wild predictions, and I can't for the life of me remember more than a couple that worked out in my favor, and I do realize that this place is called Fearless Forecasters, not Foolish Forecasters, but I live by the credo that if you can't predict accurately, predict frequently.
Regards,
Douglas