“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Tuesday 15 July 2014

15 July 2014

As I see it, the triangle pattern seems to still be intact.  Just in case that we are wrong on our counts, we do see a possibility that an impulsive move down tomorrow might classify the last few days of rise as a failed 5th, but I'm not relying on this heavily.  Our ST still points up, therefore stay the course till it says otherwise.  There will always be lots of opportunity to play the downside if indeed we have a CIT.

MT: DOWN
ST: UP
PA: UP

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