FYI: While there was not much movement in the major indexes this past week it was still a significant win for the bulls as prices had been quite removed from major moving averages last week so even some “stalling” and consolidation this past week would have been a victory. So indeed that is what happened. Almost all the week’s gains were consolidated in an hour to open Tuesday morning and the closing moments of Friday. Considering we had a holiday Monday that means all the action was at the very open and close of the week!
Regards,
Ted
https://www.stocktrader.com/2017/02/26/weekly-market-recap-feb-26-2017/
