We'll be going over many charts along with market internals and short term directional options spreads trades for them. I’m writing this the morning of Monday, July 13th, 2020. Earlier in the week, the SPX was in balance. In other words, the market was chopping sideways last week. When the market chops sideways in a range it can 1. stay in a range 2. break bullish 3. break bearish 4. break bullish and fail 5. break bearish and fail.

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