By: Evan Lazarus
This picture highlights the pure chaos in the market. While there are different benchmark indexes to look at I have always found the using the E-Mini’s has given me the most accurate reflection of the marketplace.
This range bound channel tells a very compelling story about why the bulls and bears are so frustrated here. At the top of the range, the masses want to be long and at the bottom, they want to be short. Respect the channel and try not to be a hero.
