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Tag Archives: sideways action
Several Months of Sideways Volatile Action is What May Lie Ahead
The market has been moving sideways for the past few weeks. Action in DIA has been confined inside a 1.5% flat channel for the past 17 days, something that has never occurred before. Confinment inside a 2% channel has occured twice in 2005 and … Continue reading
Posted in ETF Analysis, Technical Analysis
Tagged flat channel, sideways action, trend following
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