Are we in a recovery or what?...is the DOW now at the start of a bull run?...does it really matter? All i do is try and follow the trend...and if you have been asleep for the last 4 months...we a deffo in an uptrend when it comes to geppy. That is why my bias has remained the same for the last 4 months, until the trend breaks...it's still going up.
I posted a daily chart...it looks like we are forming an ascending triangle..which is a bullish continuation pattern. It's not clear yet if it is but looks likely as we also go into a ranging pattern on the DOW.
I guess you can play it both ways...i'm not..just buying off the lows on every dip.
Happy Pippin
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