This Industrial Company’s Break-Out from Two Years of Consolidation is Bullish, but Also Signals the Potential for a Similar Move in Broader Equities

In the chart below ITW has, as of today (if gains hold), officially broken out from a ~two-year consolidation/flag pattern b/t lines (1a) and (2a). The stock should be bought on this break-out. However, at the same time, note how…

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