Strike Analytics

Mexico

20 Dec 201604:42 AM

Mexico - Big attempt to break out from a long term triangle pattern [pink lines] but is now below it and has formed a head and shoulders top. Wave 2 complete wave 3 down started as it broke the rising trendline from the Nov low. So the neckline at 44000 should also break and we headd to 42700 and 40000 in the weeks ahead.

mexico-201216

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