$SPX analysis using 2 wk Williams %R indicator vs past scenarios

TVC:SPX   S&P 500 Index
Similarities of current long term sideways range to the past two multi year sideways ranges (2012 & 2016) that eventually breakout with moves higher.

Watching to see if the 2 week Williams %R indicator reaches -50 and then price action shows signs of reversing...

Not a forecast.
Remain flexible and open to all possibilities...