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Markets were excited today and everything had a green price tag on it.
As we go into a long Holiday weekend, markets have a tendency to work their way higher in a very quiet light volume type of market.
Right now, the SPY is headed to the top end of the range it's been trading back and forth within for a few weeks.
The market is designed to trick, trap, fool and frustrate as many traders and investors as possible, as much of the time as possible. We should continue to expect no different on the charts or any other technical analysis tool looked at.
Hosted on Acast. See acast.com/privacy for more information.
By David Frost5
55 ratings
Markets were excited today and everything had a green price tag on it.
As we go into a long Holiday weekend, markets have a tendency to work their way higher in a very quiet light volume type of market.
Right now, the SPY is headed to the top end of the range it's been trading back and forth within for a few weeks.
The market is designed to trick, trap, fool and frustrate as many traders and investors as possible, as much of the time as possible. We should continue to expect no different on the charts or any other technical analysis tool looked at.
Hosted on Acast. See acast.com/privacy for more information.