Like I showed in today's post June 24, we have a possible triangle setup / very sideways correction.
The last 2 weekly candles show absolutely no net progress. I am struck by the feeling of the price action now to that of Silly Season 2009. That also made no net progress for several weeks with lots of gaps up and gaps down with tons of reversals and no follow through. It was also a prolonged sideways triangle.
From E-T: Weekend Post – March 10, 2018
-
There is a new post on my blog at this LINK. Cheers and enjoy the chart! E-T
6 years ago