August Rangetop

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Just a quick recap to acknowledge the obvious: the entire month of August 2019 has been a range-bound circus, and as of this writing, we’re mashed to the tippy-top of it.


I think this points to an extremely exciting September, because this week’s rally be damned, August created some key breaks in the market, and there are fantastic setups before us. In this environment, I think psychological control is far more important than steely-eyed chart analysis.