Hurry Up and Wait - The Markets Favourite GameHurry Up and Wait – The Market’s Favourite Game | SPX Market Analysis 21 Feb 2025
These kangaroo markets just won’t quit. Every time we break out of one range, the Bollinger Bands pinch again, locking us into another one.
Meanwhile, other indexes fell out of bed, but SPX? It’s clinging on by "the Bulls".
When will it finally open up and run? Who knows—but until then, I’ll keep finding new ways to say ‘hurry up and wait’.
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Markets Keep Bouncing, But Not Breaking
It’s like watching a kangaroo on a trampoline—lots of movement, no real progress.
SPX tries to push out of one range 🏋️♂️
Bollinger Bands pinch again, trapping price in a new range 🔄
Other indexes have fallen, but SPX refuses to follow
This makes trading tricky, as every potential breakout is quickly absorbed into another consolidation.
The Bollinger Band Pinch – What It Means
When Bollinger Bands tighten, they signal:
📌 A period of low volatility
📌 A potential breakout coming – but direction unknown
📌 Traders getting frustrated waiting for a real move
Normally, I’d switch to Tag ‘n Turn setups during breakouts, but with volatility still tight, I’ll stick to my 6 money-making patterns instead.
For now, it’s all about waiting for a clean break—no fake moves, no forced trades.
Final Thoughts – When Will the Market Open Up?
📌 The big move is coming—we just don’t know when.
📌 SPX is clinging on, but other indexes are weakening—watch for cracks.
📌 Bollinger Bands are tightening—when they expand, volatility will return.
Until then? It’s back to ‘hurry up and wait’.
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Fun Fact
📢 Did you know? In 2015, the New York Stock Exchange halted trading for nearly four hours—and the official reason? A “technical glitch”.
💡 The Lesson? Even the biggest, most advanced markets can freeze up, just like we’re seeing with these tight, choppy conditions.
