Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
Amazing what a difference 24 hours makes. Thus far has a similar feel to that mid January consolidation where the market moved sideways to offset the big jump on Jan 2. Main difference is this time around the volatility has been far more strong with the 100+ Dow type days (much more calm in January) That said price is price. For those of the inverse head and shoulders camp we are now in the mid 1510s to mid 1520s area, so should get interesting from here.
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