Jun 3, 2015


The mess looks like a triangle which is not finished. I think we will see two more days up and down to finish it and resolution on Friday with NFP.
Triangle fits more to the primary scenario that there is more to the upside.... but nailing tops and bottoms is difficult game. More often than not I was wrong for the final short term push higher lower/higher of a bottom/top and I would not discard the bearish scenario(red).

Closer look of the chart...

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