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'Brobdingnagian' chart pattern may trample stocks

Ted Danson in "Gulliver's Travels"
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Ted Danson in "Gulliver's Travels"

In Jonathan Swift's "Gulliver's Travels," the protagonist finds himself in a land of giants called "Brobdingnag."

According to Spark Notes:

"Gulliver is now at risk of being trampled upon; instead of being feared and admired for his gargantuan size, he is treated as a minuscule and insignificant curiosity."

Investors are at risk of being trampled upon if they are buying stocks right now, according to one prominent market strategist, who notes that a key part of the market is forming what's known in chart analyst circles as a "Brobdingnagian Top."