The iShares MSCI Japan Index Fund ( EWJ) gapped below support on April 4, which completed the daily top formation, lines d and e.
Blackpool - whose average home crowd of 8, 611 was the second-lowest in the Championship this season - will be the smallest club in the top flight since the formation of the Premier League in 1992.
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The potential double top formation, points 1 and 2, is quite clear on the daily chart as is the key support at line a.
And Alan Pardew's team became only the fourth top-flight team since the formation of the Premier League to lose to fourth-tier opposition after Everton, West Ham and Fulham.
The daily chart shows a completed head-and-shoulders top formation, as the neckline (line a) was broken in July.
The iShares Russell 2000 Index Fund ( IWM) still shows a potential head-and-shoulders top formation as the neckline (line e) has been tested over the past two days.
For instance, the homebuilders completed their major head-and-shoulders top formation in 2006, well before the housing market collapsed.
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This weekly chart of Kimberly-Clark Corp. ( KMB) shows what appears to be the formation of a double top.
Apparently, some think the recent surge was a blow-off top, but technically, the charts suggest that we just resolved the flag formation, which is a classic continuation pattern.
Bhutia now co-owns the United Sikkim club, which has risen to the I-League's top division just five years after its formation.
To confirm a double top formation prices often need to decline significantly from their highs and stops above the previous peak can make the risk uncomfortably high.
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