- Ryan Mallory
McDonalds (MCD) while I'm a Yuuuuge fan of the 24 hour breakfast menu, I utterly detest the chart of MCD as it currently presents itself.
You have a massive head and shoulders pattern that you will see in the chart below. The chart is absolutely perfect and it is unfolding before our very own eyes. it is textbook people.
The problem is that this market is a very dull market, so unless there is a change in the character of the market from the way it is behaving right now, you can't expect much help any broad based market moves.