Most time a trend breakout follows a series of attempted breakouts – the rally and retreat behavior discussed last week. When the breakout develops we see a pattern of rallies and retreats and rebounds. The FFL chart illustrates how these occur and shows how we apply GMMA analysis to make a better judgment about the advisability of an entry at decision point 1 and 2. Although we are cautious in applying the GMMA as a means of anticipating a trend break, the FFL display shows how this can be achieved.