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After all of the sideways chop, I think we finally have something interesting to talk about.
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SPX - If Oil could get moving higher, I think we'll see the markets moving higher too. After all of this sideways chop ( in many sectors), this is a bullish set up with todays strong reversal.
Read MoreI've seen choppy markets before, but it seems like Oil and Gold are up one day, down the next , up one day, down the next. It can be very difficult to navigate the choppiness, but Cash is also a position until we get a nice trending market. Other trade set ups are an option too. Lets take a look at the charts.
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SPX - Short term I see a choppy triangle forming, and the larger picture might be forming a rising wedge. We can look for follow through with a break down or a break out.
Read MoreI just want to get right to the point here, lets look at the charts.
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