Price is at the neckline if this is an inverse H&S pattern.
The market seems as if it can play tricks as of late so I am overly cautious perhaps.
The market does not match up with the economy as of late in my opinion.
But opinions are just opinions and everyone has one, or two, or more.
Candles became smaller exhibiting spinning tops and small Doji candles which can be called deliberation. There is less conviction for the down trend as these candles become smaller and indecisive. This considered somewhat bullish. Deliberation occurs in uptrends as well.
Doji/spinning top yesterday representing indecision.
No recommendation.
Mr. Market is doing exactly opposite of what I expected for now, so perhaps it is best not to expect anything and be flexible (o:
The market seems as if it can play tricks as of late so I am overly cautious perhaps.
The market does not match up with the economy as of late in my opinion.
But opinions are just opinions and everyone has one, or two, or more.
Candles became smaller exhibiting spinning tops and small Doji candles which can be called deliberation. There is less conviction for the down trend as these candles become smaller and indecisive. This considered somewhat bullish. Deliberation occurs in uptrends as well.
Doji/spinning top yesterday representing indecision.
No recommendation.
Mr. Market is doing exactly opposite of what I expected for now, so perhaps it is best not to expect anything and be flexible (o:
Note
I did this chart early, early this am (one of those can't sleep nights)% Since open price is over the neckline and this becomes support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.