One characteristic of all major bull markets is that they rally much further than anyone originally expects. One of the characteristics to watch for is the size of the consolidation preceding a major breakout. Examples of this phenomenon are examined in various markets – gold, DJIA, Nasdaq and silver.
Big Consolidations = Big Rallies
One characteristic of all major bull markets is that they rally much further than anyone originally expects. One of the characteristics to watch for is the size of the consolidation preceding a major breakout.
Disclosure:
Disclosure: None.
Comments
Log in or sign up to join the conversation.