TNA Update…

Today the TNA is finally breaking out from is 10 week consolidation pattern.

MIDU is also breaking out of its 10 week consolidation pattern today.

SPX is breaking out of a 10 week bullish rising wedge today.

INDU is breaking out of a 10 week expanding triangle today.

GLD Update…

Just a quick update on GLD which shows the possible backtest to the top rail of the blue expanding triangle at the 116.50 area. I wouldn’t like to see the price action breaking below the top rail.