Friend of TRB Erik Swarts is out with a look at the 6-month trading range that seems to have trapped the bulls on the way to higher highs…
From Market Anthropology:

Says Erik:
Bulls can look at the price structure of the market and find consolidation within a relatively narrow range. Bears can look at the same structure and find a broadening top with diminishing participation and desensitized participants.
For a look at the range with a volatility overlay, head over below.
Source:
A Trapped Tape (Market Anthropology)
Tags: $SPY
… [Trackback]
[…] Find More Information here on that Topic: thereformedbroker.com/2011/07/12/eriks-6-month-trading-range-chart/ […]
… [Trackback]
[…] Find More on to that Topic: thereformedbroker.com/2011/07/12/eriks-6-month-trading-range-chart/ […]
… [Trackback]
[…] Information to that Topic: thereformedbroker.com/2011/07/12/eriks-6-month-trading-range-chart/ […]
… [Trackback]
[…] There you will find 88697 additional Information to that Topic: thereformedbroker.com/2011/07/12/eriks-6-month-trading-range-chart/ […]
… [Trackback]
[…] There you will find 89049 additional Info to that Topic: thereformedbroker.com/2011/07/12/eriks-6-month-trading-range-chart/ […]
… [Trackback]
[…] Read More to that Topic: thereformedbroker.com/2011/07/12/eriks-6-month-trading-range-chart/ […]
… [Trackback]
[…] Read More Info here on that Topic: thereformedbroker.com/2011/07/12/eriks-6-month-trading-range-chart/ […]
… [Trackback]
[…] Read More Information here on that Topic: thereformedbroker.com/2011/07/12/eriks-6-month-trading-range-chart/ […]
… [Trackback]
[…] There you will find 23932 more Info to that Topic: thereformedbroker.com/2011/07/12/eriks-6-month-trading-range-chart/ […]
… [Trackback]
[…] Find More here to that Topic: thereformedbroker.com/2011/07/12/eriks-6-month-trading-range-chart/ […]