The above is the IBEX (Spanish index). What was supposed to happen was a fall following on from the triangle pattern. Instead, typical of all patterns today across all asset classes, there is no follow through. You should do the opposite of what is being extrapolated today.

Used www.sharescope.co.uk/alpesh for prices and charts and tools. Finally for education if you want to learn more about how to forecast: www.investingbetter.com