The market is moving SIDEWAYS➡️⚖️, with the bears holding a slight edge. But the bulls aren't out of the game just yet. Bullish investors appear uneasy, with murmurs of considering short positions. Market activity shows little enthusiasm for confirming bearish patterns today.
The bulls hold a narrow advantage, with a fairly balanced flow of funds. Those holding funds on the sidelines are concerned—they don’t want to miss the bulls’ rally.