But whereas neither the April-July correction in the U.S., nor the decline in August, carried the U.S. market down to the bottom of its similar formation, the Japanese market followed the historical pattern of the formation, declining in a bear market until it was down 26%, and at the potential support at the bottom of the formation.
Greece, understandably, plumbed the depths, tracing a gigantic necklace formation, down some 85 percent from its 2007 high.
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The measured move on this formation takes us down to 940-970, which is the area I will look at macro long opportunities.
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That suggests a wave of star formation that travelled down the arms, set off by the collision with IC 4970, with the newest stellar neighbourhoods pushing the galaxy into the top spot in terms of size.
The different instruments were needed to track down the target galaxies, measure star formation and identify mergers, and, crucially, with Chandra, see the X-ray emissions that come from heated material as it is sucked into a black hole.
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After considerable indecision so far this year, in the last few days it looks like it has broken out of the triangle formation to the downside, making another down-leg likely.
First of all, the relief valve is the final and most assured final step -- that would be to essentially drill down the 19, 000 feet to where the formation is and to block off the well that is now open.
The Spyder Trust ( SPY) also shows a strong reversal formation, and the E-mini futures were down another ten points after the stock market closed.
At first glance we can see that a reduction in the formation of companies formed in the proverbial garage means less exciting inventions down the line.
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Drillers also use sensors to detect particularly promising rock intervals within the formation, and are able to move the drill string up or down, left or right as they drill through the horizontal section to target those intervals.
Rangers manager Walter Smith laid down the gauntlet to Panathinaikos, abandoning his tried and trusted 4-5-1 formation and fielding strikers Kris Boyd and Novo in an attacking starting XI.
It was a deserved success for Pompey and in large part down to boss Harry Redknapp's decision to revert to a 4-4-2 formation.
It seems that some people break down vitamin C into oxalate at higher rates than others, which may explain the link to formation of kidney stones.
It is down over 35% so far in 2011 and the weekly chart shows a short-term flag formation (dashed lines).
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