Look at how many times price has tested the 76.70 area. If the area is tested again, price should break through, if not should be a nice short opportunity (posted earlier). Hope this helps
The markets never seize to amaze me. We are in more wars than ever before, dictators are being booted out faster than ever in the history of the world. Taken out with cell phones. Japan is devastated and country's are bankrupt, yet the market rallies and continues to surge upward. AMAZING!
I've only been trading since 4/2004, and I can count on two hands how many times I've seen this setup. That said, doesn't mean this is a guaranteed winner, what it does mean is how powerful this setup is. Hope this helps.