Stocks (SPY) were basically flat for the week, but the resilience of bulls cannot be denied. So far any major attempt by the bears to push the prices lower were met with buyers stepping in. SPY features a giant rising wedge as prices rallied off the 52-week lows in February. The difficulty lies in determining exactly where the trading robots are drawing the invisible lines in the sand we call the trend lines. Read the rest of this post here
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February 2017
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