Promise on the horizon? PDF Print E-mail
Written by Gary B. Smith   
Monday, 21 June 2010 06:10

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.

 Promise on the horizon?