As Livermore says, when market breaks out of long multi year range, it is telling you something. Livermore had observed that when markets or stocks or commodities break out of multi year ranges it indicates something has changed in underlying conditions and it is indicator of a possible longer term trend.
2/11/2012
11 year range breakout
As Livermore says, when market breaks out of long multi year range, it is telling you something. Livermore had observed that when markets or stocks or commodities break out of multi year ranges it indicates something has changed in underlying conditions and it is indicator of a possible longer term trend.
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