Stock Indices Pause In Multiple Timeframes

As you will see in the Briefing, the Stock Indices are pausing in multiple timeframes. While this can be frustrating, it does offer good trade location when a breakout does occur. Breaking out in a short-term timeframe leads to testing intermediate timeframe support and resistance. If those are broken, it opens up a greater degree time and price move. Short-term, the Indices have paused for the last seven days. While the average range is tradable, a much greater degree move is in the making.

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