Telegram Trading

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Assessment: We are in the midst of a holiday week and the last 14 days have seen SPY, the S&P 500 tracking stock trade between $540 and $550. Roughly three calendar weeks…stuck in a 1.8% trading range. I do not expect we break out of it this week. Traders will be off on Thursday and then definitely out Friday and possibly Monday as they take a long weekend…most are already out. However, let’s see what we get! Maybe there will be a surprise.

Good luck in your trades!