Today's Session:
...for now, the SPX 500 remains rangebound within the triangles *1303/*1332 parameters,currently in an attempt to reach out to the *1332 resistance level
...failing again at resistance adds another layer of risk for a repeated sell-off with margins to the downside increasing to include lower channel support current *1296 in the dly. 6-mth. frame_the January 31 High *1287
...as institutions undecidedly moving in and out of accumulation/distribution and a VIX Close 20.66 pushing the market back into the stress zone. the sideways movement of D/Vol and a positive 20 New Lows (below the danger 26 level) reading suggests, the market may continue to consolidate
...Watch out for a decisive break below the February 24 Low *1294_the January 31 High *1287
Kind Regards
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