The Pattern that Repeats Itself…
The same pattern that’s repeated itself throughout 2013 played itself out again yesterday and the market is slightly overbought.
As I’ve mentioned, this bull market is being made up of the majority of the days moving less than 1%. Rising prices and low volatility is the hallmark of classical bull markets and this one is textbook. Until volatility changes, expect higher prices to continue longer term.
For today’s official Daily Battle Plan set-ups click here.
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Battered Volatility Trade Gets 1-for-4 Reverse Split Thursday