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"Head and Shoulder" Top Forming


Ron Coby on how to act defensively during a big leg down.

Join Minyanville professor Ron Coby as he takes a look at the big picture for the week.

Last week, Ron spoke of a market rally. Today, Ron talks about why he believes we'll see a "head and shoulder" top formation. When that happens, expect to see a sharp and accelerated sell off. As a result, Ron makes the case that now is the time to act defensively.

Click below to watch the video.

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