SPX seems to be consolidating here before initiating new up move again, especially considering earnings are around the corner it can give good trading opportunity for traders on upside.
thats exactly what it looks like, so many people trading/advising on how they want the market to look but not what it actually is saying, bottom line, the last 7 trading sessions its been consolidating below a key resistance area, not being rejected past 3200, it's just hanging around near the previous pivot high, building energy to breakthrough to the upside
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