Bulls & Bears Locked In A Tie...

Bulls and Bears were tied today as markets ended marginally lower in a sideways movement. There was almost no fundamental reasons behind the action we saw today, purely the last of the bears struggling with the new bulls, resulting in an almost neutral day backed by a volume surge. Even though the market didn't close up, the bulls have held their ground and still made a higher high and a higher low... a bullish sign. This struggle between the bulls and the bears may last a couple of days more before the market crawls upwards. Yes, I see this as a strong reversal point and that the bulls do have the strength to keep the bears at bay at last, however, I do not think we will see a surge upwards anytime soon but a gradual advance. This is due to the strained geo-policial and economical situation, so I am skeptical as to whether the market will resume the kind of bullish trend we saw previously even if the markets do continue up. Let's allow the market to do the talking...