The S&P (and in turn, the SPY) registered the highest close of this range, but the volume was practically non-existent.
Here are the weekly charts:Russell
DowJones
Nasdaq
And the S&P500
Today's activity in SPY was purely sideways, until late in the day where we got two errant TICKs in both directions, with zero follow-through.
This 15-min chart illustrates how unwilling price is to have any bearish tones. When our 20- & 50-EMA's crossover to a bearish orientation, they quickly recover (within the same day even!).
And, yet again, we are left within this range of ours.
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