Market continues to rally as earnings fuel the rally, but is it sustainable!!! Significant resistance lies ahead and market will need all the strength to push through to make NEW HIGHS. What are charts telling us?
After making a W-bottom pattern, market has not yet broken out. Instead, market is entering resistance zone which will not be easy to break through. What are charts telling us? Can we find any clues?
Market appears to have carved out a W-bottom also known as "Double Bottom". Earnings season has started, which shall provide further direction to this uncertain market. What should we expect in weeks ahead!!!
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