Huge Indecision Area On Major Equity Indices

The Russell 2000 is at the 50 day moving average as well as a horizontal and uptrend resistance area.  

The S&P 500 has now put in three weekly doji closes in a row….indecision is an understatement.  While it can break in either direction at any time, this choppy sideways action can also continue.  Our strategy of choice for June is to focus on very few high probability intraday trade setups.

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