"Time is very slow for those who wait." (Shakespeare)
So we wait. So we wait.
The lines in the sand are clear.
4710.5 and 4648.9
Those are the boundaries for the past six days of trading. A very narrow range.
Today was the narrowest of ranges.
Range contraction gives way to range expansion.
We're coming to the end of this consolidation.
Which way will it go?
Nobody knows. What will the catalyst be for a break? Nobody knows.
Just keep watching the chart.
Cheers
Red
No comments:
Post a Comment