Here’s What A Rally In A Thinned Out Range Means Now - InvestingChannel

Here’s What A Rally In A Thinned Out Range Means Now

The market is again rallying through a thinned out trading range, which is technically meaningless. There’s still no indicator confirmation that the 6 month cycle has turned up. Even 4 week cycle indicators are not confirming an up phase in that cycle, although 6-7 week cycle indicators are. The 6-7 week and 13 week cycle…