14 July 2014

The triangular formation we were anticipating is still in play on this upside, and a substantial upside at that.  From the looks of the last hour we can see more upside potential for tomorrow.  The July 9th high was breached and I can say that higher highs are in play.  Also our ST today has changed to an uptrend, and giving more credibility to the breach of the July 9th high analysis of a higher high.

A continued, move to the upside will throw the pattern off, but it is not as important right now since we have a confirmed an ST "UP".

MT: DOWN
ST: UP
PA: UP

Alternative: 5th wave higher high ending pattern...