This bearish pattern often signals the end of an uptrend. The double top pattern typically requires confirmation through a decisive drop below the "neckline," the support level between the two peaks, ...

The daily chart shows that the JEPI ETF formed a double-top pattern at $60, and whose neckline is at $56. A double-top is a ...

A likely reason why hedge funds have turned bearish on the S&P 500 index is that it has formed a double-top chart pattern on ...