As a follow up to my previous post (see below), we see that what we have seen in the way of sell activity was a deep pullback to the trendline. When we are not sure what the market is doing, it's best to wait than to presume. Let us also look left, we see retesting of key zone (wick). Will price continue up to 15.5 and above? Continue to study price action and see where it takes us!