Breakout vs Breakdown as Resistance Has Held Out?

The Market is at Resistance - Can the Bulls Breakout to Higher Ground and Stay There?

20 Day, 90 min. - Dec. 4 - Range Bound market prevails between Support and Resistance.  Who will win out over time?

3 Month, Daily - Dec. 4 - Trend is up as price action is in the upper levels of the channel.  Market has been very volatile for the past 4 weeks with frequent gap ups and gap downs.

1 Year, Weekly - Dec. 4 - Trend has been bullish since March '09.  Corrections have been expected for at least 2 months but have failed to occur.  The bulls remain in charge until chased off the field.  It is so important to assess the market in multiple time frames (the longer is the more reliable).