Frankly, lately I've been no fan of this market. Sometimes the market can go months in a sort of limbo, and this has been one of those times. Potentially that may be changing, but as of this exact second, there are still at least three near-term options to keep an eye on:
In conclusion, SPX was again rejected at intermediate resistance, but the market hasn't yet tipped its hand as to how lasting that rejection will be. I think I'd prefer to at least see a trip toward the C2 zone on the chart above, but I can't promise much at the moment, so we'll take it as it comes. Trade safe.
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