Tedium carried the day, leaving neither bulls nor bears with an appreciable edge at the bell. A 1771.50 downside target given here earlier is still in play, although yesterday’s close above its sibling midpoint, 1830.30, is encouraging. If buyers are ready to seize the advantage, they’ll signal it with a pop above the ‘external’ peak at 1851.50 shown in the chart. This structural resistance could provide an excellent ‘camo’ entry opportunity, as could either of the two peaks to the left of it.
