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While the SPY spent yet another day hovering near highs, both sessions this week have been small ranges and lower volume. We can likely expect more of the same today, at least until the FOMC press conference this afternoon and APPL earnings after the bell. A large chunk of the S&P market cap reports either today or tomorrow, so we can expect that to begin to drive volume, and hopefully direction, back into the markets. As swing traders it’s important to remember we don’t trade just to trade, we trade when the market presents us an opportunity. The directional opportunities have been fewer and farther in between so far this week, but hopefully that begins to change starting this afternoon.