The sideways grind continues in the ES/SPX but indications are that we're close to the end. The pattern since the Mar 1st high looks very wedgy, the ST chart below reflects that in the form of a triangle. There are other possibilities of course, but this seems the most likely IMO. But I've been wrong before. Sometimes this type of pattern resolves with a final steep plunge before wrapping up, so caution is warranted.
Intermediate term chart:
Saturday, April 22, 2017
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