This looks short to me.

This looks like it wants to go short - we'll know more once it reaches the trend line - if we get a break look for a short entry set up. If that does not happen we stay out of it and wait to see what it does next.

Forecasts will be updated as they develop so remember to follow to receive them. You can also receive notification of updates via twitter

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

Kommentera:

Still looking short - remember we're waiting for the break of the trend line and short entry set up before we risk anything - if it keeps going up we need not worry - just catch the next bus