I always am nervous during a dull market, too many experiences with them I guess.
Any way, let take a look at the continuing bull flag.
It almost seems like Wall Street is attempting to entice longs to jump in on this bull flag, I would guess once they do, they'll take price below the flag, take the long's shares and send prices higher or some variation of that.
As you can see, 3C is still in line with the bull flag, no hints of accumulation or distribution, just confirming the price action.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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