With reference to yesterday’s update showing a potential Head & Shoulders pattern on a weekly chart, let’s dial in to the daily and marvel at how they don’t make it easy. Come on boyz, just break it down or not! But no, it is nesting right on the neckline.
RSI and MACD are not pleasing but until HUI breaks down, it has not broken down. Today’s low (thus far) came close but as yet, no signal.
