Last year we put in the proposed wave B (25-03-2013) , and since then the market has been rallying in a complex structure.
The three last weeks price action has formed a evening star formation on the weekly chart which warns that a major top could be in place.
In the short term,we could still see more upside, but the move off last weeks lows have been very weak. The next short term move will decide if we will see more weakness or countine higher.
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