The rally we experienced in the last month was simply to retest the top of these two channels. The market is respecting those resistances and staying within the range of the channels. It might give you an idea of where we trade in the coming months.
Note: I'm using AAPL here as a proxy for the overall market.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.