| Promise on the horizon? |
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| Written by Gary B. Smith |
| Monday, 21 June 2010 06:10 |
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Let's face it: the bulls have struggled a bit the past few days. Nothing serious, but enough non-action to have them questioning if the move was over. Of course, the bears didn't get much of a break as the market moved sideways, not down. That leaves us where we are now, with the market slowly inching into the bull camp. I say that because a small triangle has formed. And when a triangle forms after a sharp move up, the resolution of the triangle is usually a move further up. I'm guessing we'll know shortly. |




