So the, bulls and bears frustrated alike me thinks! back to the Head and Shoulders pattern for a route of what next. Recall, I am playing this, expecting it to fail at the death and follow the wave 'ii' down as the fake out and wave 'iii' up being the true path - well.... if price goes that way. For now, given we need to move along inside that regression channel from the last post, and Sunday/Monday is upon us, the double zigzag from the H&S mirror image looks good for me. Lots of opportunities to short, bank, short, bank, etc, bringing my long average price down for the eventual move north bound when the momentum nest is in place (see last post). Yesterday's low looks about right for the first 'a' of 'A'.
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