See how the moving average is right in the middle of all the action since the open at 8:30? See how most of the swings keep retracing fully, and keep getting smaller? See how the beads are having trouble committing to red or green? No trades yet today… on the bright side, at least this mess is narrowing. Unlike a broadening formation, it can’t continue forever!
(note this is the trading-level chart… the “overview” chart is basically completely flat during this time frame)
