It's been many months since markets were able to break the bonds of the trading range we've been in since the May Flash Crash. During the trading range, markets were an unproductive meat grinder teasing you with potential rallies followed by declines. That's the norm for trading ranges and it's best to stay out; however, the problem is you don't know you're in a trading range until you're well into it. During this recent episode we've witnessed death crosses, Hindenburg Omens, H&S tops and bottoms and light volume.
Markets Break Through Resistance: Dave's Daily
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