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Constructive inside day

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melrose asked 3 years ago
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Avatar photoOwen Staff answered 3 years ago

Yes, it was!! Excellent observation!!!
We are a little above the 8ema on the /NQ & QQQ, /ES & SPY, /YM & $DJI. As the bullish attempt continues to break into new high ground,
these sideways days on lower to average volume are constructive consolidations. And, notice how the patterns are tightening; good to see.