SPX: CONGESTION! Is it a good time to buy? 🤔

• As we expected, it seems the index is trapped inside a channel, in the 1h chart;
• We identified this channel in my last public analysis, yesterday – link below this post;
• Now, the SPX is just heading to the next resistance, which is the upper line;
• The 21 EMA is completely flat, indicating nothing but short-term congestion;
• In this scenario, only a clear breakout (to any direction) might change things. For now, there's nothing much to do. I’ll keep you updated on this.

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