We saw a market recovery after the pause in Trump’s tariffs, but the market has yet to see a major catalyst to truly take off.
China and the U.S. still haven’t reached an agreement regarding tariffs — if negotiations progress, that could serve as another catalyst.
More importantly, the FED is prepared to inject liquidity into the market if necessary, and may...
AMEX:LIT is in a large wedge on the Daily chart but is within a consolidation and below the 200-period averages.
If it breaks this wedge it will still fight to break the averages that are just above the resistance.
So we can say that this is a price fight zone where buyers and sellers are constantly fighting.
After that, we have a clear path to the next...
