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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X9/17/2005 10:03:41 PM
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DOUBLE TOP OR BOTTOM

stockcharts.com[g,a]dacayyay[d19900901,19951205][pb50!b200][vc60][J58086969,Y]&listNum=1

When looking for a top or a bottom a double top or head and shoulders formation will usually occur.

It measures the same way as the head and shoulders in that a measured distance the same length as the double top can be projected down or up to determine the likely reversal point.
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