The Traderszone Network

Published in TZ Latest News 3 September, 2016 by The TZ Newswire Staff

Finding Trading Opportunities in a Flat Market

The market has been in consolidation mode for over six weeks now. The S&P closed at 2173 on July 20. It closed at 2179 on Friday. During that period of time any pullbacks have been shallow and short-lived with the S&P topping twice at 2193 and getting as low as 2157 on Thursday before roaring back on Friday to close back above all key moving averages. So on the surface, very bullish action; no one is really selling. Yet trying to trade successfully and make money during a flat market like we’ve experienced the past six weeks is a tricky proposition.

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