1. Could be forming a big head and shoulders, Bulls are in control.
2. Bulls are very in control, straight bull.
3. Bears have been taking a breather and resting for a strong leg down.
2. Bulls are very in control, straight bull.
3. Bears have been taking a breather and resting for a strong leg down.
Comment:
Looks like it is down to charts 2 and 3. I would say 2 is complete, but we haven't seen the breakout just yet. It feels likely, but feeling alone won't move this market.
Comment:
2 didn't work, on to 3. Slower bleed than I was hoping for....