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The stock market continues to chop sideways, with SPY, QQQ, and IWM all stuck in tight ranges and showing no clear direction. In this video, I break down the charts of all three major ETFs and explain what this choppy price action really means and whether we should expect a breakout to the upside going forward. I’ll cover:
- Where momentum is building
- Key support and resistance levels
- Why the market feels stuck
- What conditions must change for a breakout
- Potential trade setups in this environment
If you trade the indexes or individual names, understanding this choppy market structure is critical.
Video Length: 00:09:31
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