Thursday, May 25, 2017 6:24:12 PM
Anyone who doesn't like TA can just think of it as taking one's bearings on a long sea voayge....
What I find significant is steadily declining volume with the price tracking the 50sma. FTR is flat with a slight upward tilt. ADX remains postitive, but static, same for OBF, RSI. MACD only slightly negative but again, static.
The trading range is just above primary VBP support.
Saliors called this the "doldurums" and that term is now used in many different applications.
When we do get positive news ( and I believe we will) it will be "All hands on deck" and get ready for a wild ride.
In Peace, In War
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