The Market Has Flatlined, Can it be Resuscitated?
The markets have Flatlined, stuck in a range for over 430 days. It has been a bit of a rollercoaster, but right now, 2800 seems to be top level resistance. On up days we are seeing low volume and on down, the opposite. This does not show a lot of conviction, which enforces our neutral stance. Here is your Month End Market Update , ending February 28, 2019.