The triangle the Marc Faber is referring to and the bearish pennant that I am speaking of are one and the same. It has a very bearish implication. Marc is an economist and is not as familiar with technical analysis as I am. He may have picked up the idea from me, since he sees my work from time to time.
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The triangle the Marc Faber is referring to and the bearish pennant that I am speaking of are one and the same. It has a very bearish implication. Marc is an economist and is not as familiar with technical analysis as I am. He may have picked up the idea from me, since he sees my work from time to time.
Many thanks for your question!
Tony