They aren’t making this easy for us, are they? Looking at the past few trading days, we’ve got a triple-black diamond level of challenges in this chart, because in just a matter of days we had:

1. a terrifying inverted H&S pattern which suggested a huge rally ahead;
2. a breakout (blue) that signaled the rally had started, only to fail almost instantly;
3. another bigger breakout (red) suggesting that, nope, this time is was for real;
4. only to be followed by an outright collapse to last week’s lows

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