5 Head and Shoulders Patterns That Bring Rallies Up from Neckline

       Five Cases where Head and Shoulders
     Patterns Bring Rallies back above Neckline


          Here are 5 cases where prices failed
          to break down below the neckline
          and instead rallied.

                      Only the 1962 case did not occur in the Summer.

1)     1946 - DJI rallied back to 65-day ma and turned down sharply.
2)     1951     65-dma and apex of right shouler surpassed. DJIA advances to new highs.
3)     1962 - DJIA rallied to 21-dma and faltered and plunged.
4)     1983     65-dma and apex of right shouler surpassed. DJIA advances to new highs.
5)      2009    65-dma and apex of right shouler surpassed. DJIA advanced to new highs.

1946 - DJI rallied back to 65-day ma and turned down sharply.
DATA46.BMP (1920054 bytes)

1951 65-dma and apex of right shouler surpassed. DJIA advances to new highs.
DATA51.BMP (1920054 bytes)

1962 - DJIA rallied to 21-dma and faltered and plunged.

DATA6162.BMP (1920054 bytes)

1983 65-dma and apex of right shouler surpassed. DJIA advances to new highs.

2009 65-dma and apex of right shouler surpassed. DJIA advanced to new highs.

DATA09.BMP (1075254 bytes)