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It seems the question I posed in my weekend post - "Has the Consolidation Ended?" – may have been squarely answered by today’s bullish follow-through. The market leading Nasdaq has broken-out on supportive volume and has room to run.

Has the Consolidation Ended?

Posted by FINZ.tv on May 31st, 2009

For the past three weeks we have been experiencing a period of broad market consolidation – a time when trading ranges narrow, whipsawing many traders to the sole benefit of their broker. This ‘digestion’ period came after nine straight weeks of gains on the Nasdaq - a logical point at which to pause and view t

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