Considering all the fireworks we have seen so far in 2018, this week here, has to be the most boring trading weeks so far. 

Fear not, the summer time is around the corner, and there will, no doubt be some mind numbing weeks there as well. 

We have been in a declining trend-line through yesterday, but today, that ended, and now we are simply trading in a very, uneventul, sideways trading pattern. Wait for a break to the upside to add any additional long positions. 

Here’s what I’m looking at:

spx sideways trading range

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