Failure of the Shoulder-Head-Shoulder (S/H/S) neckline to act as resistance is disappointing to the long term picture. If we close this week and next week above the neckline I would seriously consider declaring the big top formation as dead and the consequences could be a quick rally towards at least the 135 and more likely 138.If however prices turn back down and we closes below the neckline this or next week, we should see acceleration to the downside for a decline to at least the 114 area.
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