Hemmed-In

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Thank heavens for SlopeRules. Were it not for this project, I would be going insane with boredom in this market. There is nothing more boring than a captured market, and boy, do we have one of those.

Below I’ve put a few key index charts, highlighting what I consider to be medium-important resistance levels. We are all waiting on our hands for The Big Uncertainties to resolve themselves. Until then, it feels like we’re in a state of suspended animation.

I’d like to provide you some music to keep you alert during this trading day.

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