The market spends most of its time in consolidation rather than trending.
This is a law that applies to all financial markets and all assets.
And although globally we see an upward trend, if we break it down into fragments, we will see that in order
To continue growing, we need to continue to consolidate.
For cue ball, consolidation of 55-70 days is the norm. This time too, we have been trading sideways for 55 days.