Can we rescue this bullmarket, or not?

The next two or three weekly candles will be very important for the further direction of the trend.

If we can maintain two or three green weeks and not drop to new lows afterwards, then all is fine. We would have turned around on the weekly support levels.

For now, the uptrend still looks weak.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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