short term bullish but forming head and shoulders short set up

3 thg 12, 2022

bearish head and shoulders pattern forming. the rise of the right shoulder is short term bullish. this is to test the previous resistances of Elliott Wave #3, and to test the previous support levels of (A) and (C)...I'm stalking a short entry near or slightly above those levels. Also goes with my theory of favoring short term corporate bonds. I think they are undervalued.