A very stubborn market it seems as it continues to stay in a tight range, but a breakdown is very near and could last into the 28th-31st window where "turns" are most common. I posted the follow chart yesterday on Twitter, which "might" be the path?
But there's also a chance we could make one more high to hit some stops overhead first, and then start a nice pullback to the falling white trendline of support. The very short term chart do support an up move but the 6hr and daily do not, so it's anyone's guess here on whether we do that first or just go down from here. Either way though a pullback is coming before the big squeeze to 6100+ into some date in November.
Have a blessed day.
