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Swiss Roll (over)

|Includes: Invesco CurrencyShares Swiss Franc Trust ETF (FXF)

It's not quite the same yummy jelly roll pastry somehow associated with the Swiss, which would somehow be justified if there were chocolate in it but there is not. Rather, it is the Swiss Franc, here represented by its ETF and it does look like it wants to roll over, at least for a serious correction.


This weekly chart shows a nice triangle with breakout and test. Project the pattern height up from the breakout and mission accomplished. An overbought MACD only adds to the feeling.