The market’s been a hot mess this past month. Failed breakouts are piling up, with prices slipping back into their ranges and falling below key overhead supply zones.
If you've been paying attention this year, you've likely heard about failed tops. They've been everywhere, teasing traders with bearish setups that never materialize.
Here's how it usually plays out. When support breaks...
From time to time, I like to play devil's advocate as part of an exercise to identify potential wrenches and better understand the market environment we might be heading into.