Power Thrust

It’s been an absolutely explosive rally today, and as of this moment, we’re getting dangerously (or tantalizingly, depending on your perspective) close to a breakout, where that line is drawn.

(Click on image to enlarge)

Taking a longer perspective, you can see how important that horizontal is.

(Click on image to enlarge)

The best news for the bulls is that it took NO NEWS to make this happen. Which means that if legitimately good news comes out (AKA a trade deal), it’ll just go roaring higher still.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.