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Stay above, staying bullish; break below, turning neutral to bearish.The consolidation is beginning to take on the shape of a triangle, and with a little more time could help provide a nice breakout scenario from coiled price action.Ideally, an apex develops close to the trend-line rising up from the Feb 2 low before making a break for it.we said the short-term trend was weakening, but that we would continue to run with the bullish inverse head-and-shoulders pattern in play since 2/10.
The footsie has been very choppy the past few sessions, literally trading today at the same prices it was last Monday.
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