At some point, this dull price action has to end and when it does it is likely to lead to a big move for the market – in one direction or another. But there will ultimately be a big move eventually.
It is just a matter of waiting it out and watching the paint dry, as they would say.
There are plenty of solid short setups, but the market isn’t giving us any price confirmation to really pile into those shorts. Staying patient and waiting for the green light will be key.
Here’s my list of short setups until then: