Trading Box Victory?

Some time back – perhaps a month or two – we mentioned a slight chance of a major rally based on use of “trading boxes.”  In our unconventional way of looking at markets, drawing of rectangles on charts offers some occasionally useful insights.

This weekend, a drill down a bit into the “trading boxes” which offer the idea that at least in the short term, there is a possibility of higher markets to nearly month-end.

Not that we do any more than “lunch money trading” but trading boxes have kept us from playing in the dangerous middle of the financial freeway this week.

Before that, a few headlines and a rather positive client note from my consigliere., Except that it moves up WW III.

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