STI chart

Was just looking at the STI chart and it seems like there might be a chance of a double bottom pattern. Thomas Bulkowski calls this the Adam (left narrow and sharp bottom) and Eve (right rounder bottom) bottom formation.

I haven't updated my chart with the candle for 17 March. But it does look like the low of 2746 was not tested. And possibly a pipe bottom might have formed. In any case pipe bottom on the daily chart do not perform well and there isn't any on the weekly chart (preferred)

In any case we are still VERY FAR off from seeing a confirmation on this bottom pattern. But I guess it's good practice to analyze charts as they go.