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Cloudbanks
Want to double your money? Invest in cloudbank chart patterns and you
just might.
Years
by Thomas N. Bulkowski
Identification guidelines
1 year
to recover
Lowest low
SCOTT ANDERSON
Examples
Symmetrical
triangle
Figure 2: a
cloudbank
that is a symmetrical triangle (SVNT).
A symmetrical triangle becomes a
cloudbank when
price drops out
of the clouds and
then rebounds.
Cloudbank
4
3
V-shaped
recovery
A
1991
1992
1993
1994
1995
1996
FIGURE 3: A
LONG CLOUDBANK PATTERN
(FCX). Before
the 200002 bear
market began,
FCX was already
showing problems.
43
39
36
33
30
27
25
23
21
19
17
15
Cloudbank
13
12
11
10
9
8
V-shaped
recovery
1996
1997
1998
1999
2000
2001
2002
7
2003
Cloudbank
2
1999
2000
2001
A
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001
Cloudbank
CHARTING
80
68
58
50
42
36
30
26
22
18
14
12
10
8
29
25
22
19
16
14
12
10
8
7
6
5
4
3
Buy
2
Suggested reading
www.thepatternsite.com/Cloudbank.html:
The cloudbank
Candlestick Charts. His website and blog have more than 500
research
pages of free information dedicated to price pattern research
www.thepatternsite.com/CloudbankSetup.html: A trading
and can be found at www.ThePatternSite.com.
setup based on the cloudbank pattern
Charts by Thomas Bulkowski
S&C