ascending triangle, page-47

Tweezer Bottom voided now.

Thought I'd have a look at this from Martis's perspective and have drawn an Ascending Triangle on the chart.

I need to correct a previous statement where I said there had been two northern breaks. This is not correct, they are only northern breaches.

But now we have a confirmed southern break. I also have a confirmed break of a Descending Wedge (not shown).

Currently there is another Tweezer Bottom but not a convincing one so it will be interesting come Monday to see if it plays out or the current bearish indicators continue to put downward pressure on the SP.

My thoughts are we are going to see further falls.