A market in a trading range especially a tight one is the toughest market to predict what comes next.
It is filled with smaller moves up and down throughout the range until it either breaks out of breaks below into a direction.
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So though the market bounce from a sell off to support.
The system says that still only a bounce from a drop to support. The s&p failed to make a positive cross of the 10 over the 50 sma on the 10 day chart so until that happens it's not Bullish buy and hold as long as it does. twitter.com/MasterBJones/s…
