O'Reilly logo

George Lindsay and the Art of Technical Analysis: Trading Systems of a Market Master by Ed Carlson

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 5. A Domed House

“The most typical Three Peak-Domed House formations start at a bear market low. When this has been true, the highest point in the pattern has never equaled the top of the previous major bull market. Not all of the minor bull markets of the past have taken the shape of the Three Peaks and Domed House, but most of them have.”1George Lindsay

After the Separating Decline, the Domed House formation begins (see Figure 5.1). Like the Three Peaks pattern, the Domed House pattern is “distinguished by advances and declines which travel many points in a straight line. But the movements never last very long. In between the few explosive moves, the market spends much of the time backing and filling in a comparatively narrow range.” ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required