May Chart, page-5020

There's a better than even chance at the moment imo that the 62% Fibs on the upside will eventually start giving way again..whether it begins from this small pennant above the 9 ema or perhaps a slightly larger incarnation of something similar..nobody at this stage knows obviously!..but these things are always very quick...on a side note you can see the fake out in the box at far left, 2 bars fell below the 9 and 13 ema`s but the ema`s never crossed over..this happened just before the reversal up through the 62% Fib and breakout.. we should be aware of that sort of thing around here also.