Here you go, the triangle have a 60 to 70% rule. Which means to say, at the 60% to 70% range of the triangle and there is a breakout, that break out is a false breakout.The trend will move against the direction of the breakout. For our instances, it will be moving higher. FYI, spotting triangle is a art and not a science. Try spotting them yourself. Also this 60 - 70% rule hold true for the past 20 over years and also hold true for different market.
Dow Jones Transport, leader of leader
You can see the break out of the triangle at about the 60% range of the triangle. It going back into the triangle already. So expect more upside.
Dow Jones Ind
You see the same thing happening in here. However, DJI is follower of DJT. So stay tune.
S&P500
You see the same thing happening in here too. S&P500 is the follower of DJI.
STI
We are follower, things will go abit slow here. have not enter into the triangle yet.
