Daily chart
Going by the technical rules, the bulls – inverse head and shoulders – should win the battle because — Head and Shoulders (bearish reversal) works best when it appears at the top of a bull market. while the inverse head and shoulders (bullish reversal) works best when it appears at the bottom of the bear markets.
Over here, the inverse head and shoulders pattern is being formed at the bottom of a 7-1/2 year sell-off…
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