There is no bullish conviction whatsoever in the recent trading days. Granted, the doji star I was wishing upon didn’t pan out. Forgive me for not predicting the ensuing deliberation pattern. However, that evening star is falling in the East this morning as the markets in China and Japan come back to earth. My buddy DD thinks it will form an island top reversal. I’m seeing something like a descending triangle after a breakout. Flags like this can go either way. I’m smelling bears - or I need to shower.
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Let the blood bath begin… its going to break big when it does.
Keep your friends close, but your enemies closer. Do you know your friends? Do you know your enemies Brian?
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