Lots of great posts today
All very well considered and mostly all of the Bullish Persuasion. Thanks to all.
After reading all the Excellent Work I am leaning Bullish as well.
As we know when everybody is bullish that’s not good…So we need something bearish to balance things out.
OH OH…ok class settle down and everybody look busy …The Prof is here !
http://www.talkmarkets.com/content/bonds/beware-the-bearish-rising-wedge?post=126514&uid=23288
Bearish rising wedges within a bullish symmetrical triangle…patterns within patterns within patterns. Shorter term bearish patterns are needed within longer term bullish moves I would say. I’m still a little conflicted, but the bull in me seems to have the edge. More staring a charts later today I think 😉