Markets going to go sideways for a bit?

Updated
Dont mind the drawings on the chart. I was going to write a whole post on something but was to busy.

You guys think they may take the market sideways for a bit and just roast everyone in options? I am starting to think it's a possibility. At least on the indexes...
Note
I just am putting the pieces together and think this is a real possibility.....
Beyond Technical Analysis

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