This is a rather short video analysis, but with the last of the summer holidays in play, traders let the algorithms trim the tops and bottoms off of daily trader action. This is an attempt to show what could remain of the current rally. More detail and more writing will come once I get other business items taken care of.
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Monthly And Daily Chart Analysis For 08/14/2022
It was a goofy week for the market. Although bullish, the algorithms took over as traders took their last summer vacations. I attempted to indicate what could be immediately left in the rally.
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