What if these don't resolve higher?

We're seeing these patterns all over the place. Check out Industrials, Transportation and Healthcare. They look like these charts above.

Our upside objectives were met in Financials. So if these patterns were NOT going to break out in the direction of the underlying trend, and instead were going to resolve lower, this would be where that sort of thing would most likely happen.

And when "Continuation" patterns, or what the book says 'should resolve higher', does NOT, then that is the signal.

If this is still a strong bull market and we need to keep our focus on buying stocks, then all of these sector indexes should be resolving higher.

So as always, we'll let price dictate our approach to the market.

You can see: Cash & Champagne

But I think the higher probability outcome is a break lower, not higher.

For me, this market is guilty until proven innocent.

Let it prove itself, is how I see it.

It's Show Me time....