FX:SPX500   S&P 500 Index
We have now been in a trading range of ~5% for about 20 days. Everybody can see we are in a trading range and thus, range trading is about to end very soon! There are lot's of stops on both sides of the trading range so be prepared for odd price action / whip-saws right outside of the trading range.

Your guess is as good as mine to which side it will break => need to stay open minded if the "initial price action guesstimate" is wrong (or perhaps better yet stand aside and see what it will do..).

GL!
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