When the Dow Jones Transports (IYT) held the YP, was a clue the stock market rally is still intact. The YP is always the bull/bear line for the year.
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Blackberry stock (BB) so far this year, has traded between the Yr1 and the YP. This is one of many stocks that has pulled back to yearly support(YP) @PivotalPivots. The biggest reversals during the year happen at yearly pivot points. Join today!
WTIC crude oil futures(CL) is possibly making an H&S top at the YearlyR1 Pivots. If the trend line at $62 is broken, might open the door for a pullback to the Yearly Pivots(YP) @ $55. The low in 2017 was on the YearlyS1 Pivots and the high so far in 2018 is at the YearlyR1 Pivot. THIS IS NOT A COINCIDENCE!