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RE: EOS Technical Analysis: IS A BREKAOUT LOOMING?
I bloody hope so. We could do with a breakout for the whole market at this stage. It should be a better couple of months coming up if historical trends are anything to go by.
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If the SEC approves ETF's later this month, we should see the start of a major bull run in the next few weeks. Of course if they reject it, the market will tank. It'll be interesting to see what happens if they postpone the ETF decision until 2019.
True. It should be interesting to see where they go with it. If they were watching the markets after the last postponement then they might be tempted to do it again.
They don't really have much motivation to approve ETF'S so unless there is some pressure on in the background I don't see them rushing to do it.
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Agreed...I think most are expecting another delay.