Description
⋅ I was too busy singing the Bull Blues yesterday to notice.
Today had flipped upside down to form a 15m Inverse Head & Shoulders on TLT.
Price target is 102.13
I was worried all hope of a bullish start to the new year was lost.
Jan 10 will be the next date to put on on my Calendar.
Comment
⋅ Stocks may just dance the tango with DXY for awhile longer.
Comment
⋅ May have called this one too early.
I apologize. I usually wait until after a H&S has the neckline tested before posting.
The shoulder is still in play if we have a positive day today.
Comment
⋅ This inverse structure continues to retrace.
Pushing through the upper regression trend may prove difficult this week.