They're not ready. Never have been.
To be fair it looks completely different this time. Note how the prior times were brief consolidations that lead to continuation.
It’s like the ISM chart.
The business cycle just never got started (above 50). It’s still basing
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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