Bias switching to bulls. W bottom invalidating 2nd weekly h&s?
(chart inverted)
Are the bulls back in control? Megaphone looking more like double bottom. Next windup is critical for bulls.
Still unclear if head and shoulders is invalidated yet. Need to clear threat of megaphone before can call for a second pattern failure.
If a second head and shoulder failure is true, would show very convincing weakness of bears long-term
Are the bulls back in control? Megaphone looking more like double bottom. Next windup is critical for bulls.
Still unclear if head and shoulders is invalidated yet. Need to clear threat of megaphone before can call for a second pattern failure.
If a second head and shoulder failure is true, would show very convincing weakness of bears long-term