Modified Wyckoff Analysis specializing in Indices, ETF's, Stocks, Bonds, Commodities, Currency Pairs, Derivatives and Crypto's
Sunday, 29 May 2016
Check out this chart from StockCharts.com for $USD
Check out this chart from StockCharts.com for $USD

RSI = L1 Grid Normal (transition)
Price = L1 Grid Frenzy (overbought) L2 Grid Frenzy (overbought)
Analysis - break through and rally back to the "ice line", bullish pennant
Conclusion - weakness
Action - Sell trailing stop
RSI = L1 Grid Normal (transition)
Price = L1 Grid Frenzy (overbought) L2 Grid Frenzy (overbought)
Money Flow = na
Stochastic RSI =L1 Grid Frenzy (overbought)
Analysis - break through and rally back to the "ice line", bullish pennant
Conclusion - weakness
Action - Sell trailing stop
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