The market is moving SIDEWAYS➡️⚖️, with the bulls slightly ahead. The bears, however, remain in play. Signs of bearish unrest are emerging, hinting that a switch to long positions could be imminent. 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.