Sunday the 3rd of January I posted these two charts See here.
I posted on the 1st of January that the 2015 yearly hanging man candle was a very ominous and a high probability of top reversal.
Sure enough 2 mths in to 2016 it has proved to be correct.
I said this wedge on the daily was another ominous sign on the 31st of December
As you can see that was also correct. What we are seeing now is a test of resistance and what looks like a possible rejection. The MACD is crossed up so there is still chance of a breakout. Will have to wait until next week.
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