The Forum > General Discussion > Empty shops and double top stock market. Uh-oh!
Empty shops and double top stock market. Uh-oh!
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Along two major shopping strips (Parramatta Rd, Oxford St) I see lots of empty shops.
I saw a similar thing before the GFC crash.
The stock market is no higher today than a year ago, and had a big dip in-between (double top, means likely downward trend).
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_top_reversal