Abandon, the market (Mrs Market) has been bullish for 7 days already (since 6 July).
What will happen or will not happen today has nothing to do with her being bullish or not.
Well yes, it has but it still appears we haven't broken (closed above) the downtrend. That is really what I am looking for and not just one day, but 3 or so...
Not sure where to draw the lines from but either way, we are still below the downtrend.
You could also draw a channel 30 bucks or so below the shown line...
Also, we could have said things were bullish on any of the moves up to hit the downtrend line (which wasn't exactly a line at it's start.