May

8

u know the old skool chartists
are looking at the daily,
and can't help but notice
what they believe to be
an inverted complex head and shoulders (bottom/continuation) pattern
replete with upward sloping neckline and a higher right shoulder
and the attendant bullish implications
they have come to expect,
or
perhaps they visualize a diamond pattern (debatable implications, there)

ironically,
if the market does indeed trade higher
and makes new historical highs,
or fails to do so,

it will have nothing to do
with the perceived formations


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