I present below eight charts that have exhibited a series of “lower highs,”which is indicative of trend change. Some of these lower highs are spaced more than others, but they all share that common characteristic.
Ameren Corp (NYSE:AEE):
AAR Corp (NYSE:AIR):
Boston Scientific Corp (NYSE:BSX):
Carpenter Technology Corporation (NYSE:CRS):
Etsy Inc (NASDAQ:ETSY):
Foot Locker Inc (NYSE:FL):
Flowserve Corporation (NYSE:FLS):
Greenbrier Companies Inc (NYSE:GBX):