21 May 2014

Volatility is alive and strong.  Is this a possible ABC pattern? (Chart below) or is this still an ongoing sideways move since we can remember?  The head and shoulder pattern still exists and in play but the ST has turned for a bullish sentiment.  With the intra-day charts being overbought, the only clue is to see the how the indicators react into tomorrows open through close.  Today though the Bulls got the best of the Bears.

MT: UP
ST: UP
PA: UP