Market’s Eyes That Cannot See Artist: James Palmer Mulligan As per the last several Daily’s, I’ve noted the parameters of several monthly channel lines of resistance that had to clear or fail to elucidate next direction. The TLT (20+ Year Long Treasury Bonds) had to hold 118.55-119. The Russell 2000 (IWM), if failed to close above 134, could turn the recent rally into flying monkeys. The two most vulnerable Modern Family members, Granny Retail (XRT),
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