Still Trapped

It has been two weeks since I last posted and the market has not broken out in neither direction; up or down. The SP500 along with many of the market indices are still trapped in a trading range. Although the technical indicators are in a slight negative bias, I will continue to take quick trades with reduced size until the SP500 either breaks above the 1130 level or breaks below the 1040 level.

SP500:



Russell 2000: