(Today's commentary is by Geoff Bysshe, President of MarketGauge) In Mish’s last report she highlighted the equal and opposite forces working amongst market sectors which has resulted in a market becoming so tightly consolidated that it has not closed more than 1% outside of the 1-day range set over 6 weeks ago (Sept. 9th for anyone thinking that can’t be true)! In addition to the markets’ cross currents created by sectors, there are multiple trends
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