[Tryst]

FRES.L - the initial Stage 2A pullback looks to be underway on the weekly chart. So I'll be looking at the intraday 2 hour Weinstein chart for clues as to when to get in, as currently the 2 hour chart is in the first pullback of a Stage 4A decline. So I'll be looking for the 2 hour pattern to develop into a Stage 1 base, and potentially get in at the next 2 hour chart Stage 2A breakout point, as that should be a good indication of when the pullback is over.

2 hour Chart - Stage 4A pullback




Daily and Weekly Chart - Stage 2A pullback

I'm also looking at FRES.L, along with CEY.L and POLY.L, as the sector leaders look to start to make a pull back. They have risen very nicely so the pull back would have to make some distance to go back to where they have broken out.

Gold did show some weakness at the end of last week so if gold does start to retrace we'll see these three leaders follow suit.