The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. In fact, there is not much appetite for confirming bearish patterns.
Currently, the bears are slightly stronger and the flow of money is rather balanced. You also have to know that the money waiting at the sidelines is getting more and more impatient for an entry!