For anyone even remotely interested in TA, pull up the chart which takes you back to early November.
This is where you can best see the bullish inverted 'head and shoulders' pattern, nearing completion.
Specifically, you'll see that it took exactly one week for the left shoulder to form, before it then took off.
Now cast your eye across to the right shoulder. As you can see, it's all but done. Oh and the good bit?. Guess what number day it is tomorrow?
Yep....exactly one week.
If we get a little bit of repeating history, day 8 on Wednesday sets up as a mouthwatering prospect.
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