Tuesday, 3 Feb 2009 Bear in Three Letters—DOW Posted By: Daryl Guppy A new downtrend line using these two anchor points is drawn on the daily Dow chart. This creates a down sloping triangle. This is a powerful bearish pattern in any market. In a bear market the strength of the pattern is increased. The pattern suggests there is a high probability of a downside breakout.
http://www.cnbc.com/id/28985914
