Lots of talk about wedges and trend lines. I have a simple rule: they’re in tact until the market tells you they’re not. This one is well over 12 months old now and I’ve been working off of it for a while. It’s incredibly accurate and I don’t know how anyone could see a single bit of bullishness by looking at this chart. It’s in a relentless downtrend and it’s a strong sell, plain and simple.