SXX - Jackozy

lovely candle on the monthly

also cup n handle formation possible - it's monthly chart - so looking like ~22p or 50% of April monthly candle needs to hold....

looks good tho

projected move if either the tri or cup n handle play out are :

note this is monthly chart... so can coil in this zone until ready to break one way or another

approx 50p - for asc tri
42p - for CnH.

upward trendline must hold.

Here we go - bang on the downtrend resistance and gap at today's high:



dl.dropboxusercontent.com/u/20815047/SXXdaily03_05_13.gif

I'm out now and wait for a retrace or a break of 30p