Parallel with 2014 and now. Both falling wedge patterns. Watch this support on the weekly The huge rising wedge on a macro scale is good till a breakdown in...moon
Small break out, but retraction and then bounce up expected
A Break out. But small. In the positive scenario: We might see a small retraction and then up.
With all the doom and gloom, time for zooming out. We are still floating way above the tested trend lines on a weekly chart.
Trend lines that made the parabolic shows possible support levels.