Fearing the Flag

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I just noticed something which, for the one or two equity bears that might be left out there, should be worrisome. First, here is an idealized example of a flag:

So let’s take a look at the Russell 2000 since the election………..

0127-rut

Simply stated, if we break that flag to the upside, you can start knitting your Dow 25,000 hats.

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