More of a Fake-out Than a Breakout Coming

The burning question these days is: when will we see the S&P 500 get out of the current range it is in? The next question is: which way will it break, when it does finally exit this now 13-day seven-point range?

While it is my style to spend more time looking at the indicators than the price pattern of the S&P 500 to determine the next move, I did study the chart this weekend. What I noticed is that in 2017 we have seen three other relatively small trading ranges that lasted a few weeks, although none as small as the current one. Let's take a look....366 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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