Looks like the stock market is getting ready for a relief rally. We can see inverse H&S patterns with most of the stocks. If this smaller inverse H&S plays out, we could see it becoming the start of the right shoulder of a bigger (ugly shaped) H&S.
Previous analysis:
Previous analysis:
Komentarz:
Target inverse H&S has been reached, now we could see the right shoulder getting formed coming week. But it could get higher than my blue line indicates