We succesfully broke out of the wedge for the first time. When we look at the monthly MACD we can see that it is coming closer and closer to a cross. Big moves incoming. Either to the up or downside. Personally I think that we are going to the downside. The valuations that we are seeing right now are already crazy enough. The fundamentals are also very bad. I will make another post in a couple of days where I talk about what is going on in the markets and world.