Should these triggers be taken seriously is now the question???

In my last post I asked the question whether the recent rises and the buy alerts they're generating should be acted on.
The answer is most emphatically NO.

We still havent had an actual sell signal generated but the formation of another wedge pattern almost identical to the previous one alerts us to the possbility of sudden violent falls once the tide turns.

Its is quite possible there will be an upward spike before a fall and brave speculators may wish to sell into this, but the most prudent course of action will be to wait until the lower line in the wedge has been broken before entering short positions.