The rounded top or distribution top is one of the most powerful bearish patterns in technical analysis. A long period of trading within a range builds a wall of owners. When price breaks down and then retraces back toward that range, those trapped owners sell. The move exhausts itself and the breakdown resumes. Tim Knight walks through a dozen real examples including Royal Caribbean, Bank of America, Capital One, IBM, SPY, and Seagate showing exactly when this pattern works and when it fakes you out. The critical rule: if price pushes back into the pattern after the breakdown it is moot. Get out. The current live setup he is watching is UnitedHealthcare, which has a distribution top, a broken lifetime trend line, and is now pushing right up against a wall of overhead supply. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X...