Just list another possibility though i have little faith in it. If the pullback we have in the past two weeks is treated as the right shoulder, then we have a very unsymmetrical reverse head and shoulder pattern in formation here. Who said two shoulders have to be symmetrical? My left shoulder is indeed higher than my right ones. But not in the way like this……
If market take out the high on May 7th, I will reconsider the whole picture. To me, the chance of that happening is very small. Again, if you can not beat them, join them.
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