FX:SPX500   S&P 500 index of US listed shares
Talking about a snoozefest!

Momentum has consistently dropped since July 2014. ADX, D+ and D- are all well below 20 which suggests ranging. D+ and D- have also both dropped off more just recently. Not exactly great trading conditions.

ADX needs to cross 20 and either D+ or D- needs to pick up steam for a clear trend to form again.

A break of 2040 could net some nice pips as price tries to reach 2000 and then 1967. Right now I'm NEUTRAL because of a total lack of momentum .
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