
Conventional wisdom called for a pull back but the Bulls roared back. It is not over 'til its over.

5D, 15 m. - June 8 - Gap down was followed by a late day rally and then a sell off. For the last five sessions we have seen a sideways, range bound market. A breakout from this range could well lead to more up or down. Neither Bulls nor Bears have conceded defeat as yet.

30 D, 2 Hr. - June 8 - Longer term the Bulls still rule the Roost. The Trend has not yet been changed from being Up.

3 M, Daily - June 8 - Range bound Bull Channel since Mid March. No break in this pattern as yet.
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