Global markets are currently in consolidation mode as they digest last weeks global central bank intervention which includes the FOMC, ECB and BOJ and with Easter weekend this week.
Have a look at the weekly chart. A clear and concise chart consolidating (ascending triangle) for a bullish move after a huge breakout earlier this year..I'll post up a chart in AM lounge
Will be interesting to see if the SPY can breakout of the double top range
With the $ weakening I see further upside on gold
IMO
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Day Trading 22 Mar Pre Market, page-30
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