A lot of chop over the weekend inside this range that looks like a triangle.
MACD's suggest we turn back up but they might be just for a lower high then the prior 2.5 area high.
If I had to guess on what the market will do today (and let's face, that what I always do... "guess", but based on a lot of technical analysis, wave counts, FP's, numerology codes, historical patterns, and bullish/bearish sentiment out there in the public) I'd say today will be choppy inside that triangle from about 2047.50 to 2057.50 (meaning it's likely to be a consolation day before another move up tomorrow).
So I'm not going to type another chapter here today like I do most of the time. Just a summery that tells me that today will be a choppy day that's not worth trading. I'm looking for a slow grind up over the next few days into that 2080 zone where I expect it to pierce above it or fall short of it and then we should rollover again for the next move down.
