Yesterday A.M., noticed quite a bit of similarity with the backdrop to the early July lows in stock indicies. This market is in a constant "trap mode" whereby the only energy created to sustain modest moves needs to perpetually trap participants who use traditional tech analysis. Notice the similarities with the posted analog.
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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.