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

PAYPAL

Wednesday 23 July 2014

23 July 2014

And the higher highs continue.  So does the pattern, and it's looking like a wedging formation is taking shape which we could see turn into a 5 wave pattern of sorts.  For now then, we will remove the bearish case scenario and start looking for a possible top to this market.

MT: DOWN
ST: UP
PA: NA

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