S&P - Do Nothing

Navigating sideways price movement

Doing nothing is ok. There are no shortage of opportunities each day in markets. For SPY 0.00%↑ , price movement within these trendlines doesn’t tell us much. While I’m not a particular fan of diagonal trendlines, I’m waiting these out in order to identify the horizontal support and resistance levels that might be of interest. FWIW, my guess is it breaks down, but for now, I’m looking elsewhere.

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