Hi fellow enthousiasts,
Like so many others I was looking forward to finding out today who would win the battle between the bears and the bulls that has been going on for a while now.
After the head and shoulders pattern formed (props to MPC for calling it first afaik by the way) it seemed plausible a decision was imminent. Unless of course we buy time by bouncing up and down in another triangle :-)
I have no idea what to expect but I do enjoy the show. Though last two weeks show a trend upwards the trend in a wider timeframe is still bearish so I am afraid going down is more likely than going up at this moment.
Please let me know why you think different if you do.
Regards,
CJ