Job data again not so good ... but the FED says the economy is in moderate recovery! How can this be? lol Reading the mainstream media is like reading opinions from Bernanke's children. Or the children of some convict who believe he's innocent. Nothing will shake their faith in a banker.
One last thing about TMM's chart. It never did form a H&S, it formed a descending flag and that's why it rallied and caught some by surprise. I posted here a number of times calling it a flag, not a H&S .. (sorry for going on about this, I won't comment on it further)