$SPY trying to give all it’s got to stay above 135.14 level, but there could be an invert head and shoulder pattern building on a 5 min chart. I just mentioned in one of the chat rooms that this market looks like a total mess. Trading on a thin range have these disadvantages. Today less was more. We have some data tomorrow morning that will probably give us a bit more direction.
I am not going to try to stuff a sausage with what I am seeing in this afternoon, since the words stuck in a range says it all.
Let’s wait for the numbers tomorrow. Today overall was a bad day.
May you all enjoy the rest of your day.
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