Stagnant Stocks

The three blue boxes on these three S&P ETFs indicate that stock prices are in a trading range too tight to trade on a daily basis. The left-hand chart is the ultra short ETF. The middle one is the long ETF, and the one furthest to the right is the ultra long one. It matters not whether a trader is long or short -- the market is still stagnant. All three of them show that the Bollinger Squeeze indicator has contracted to the point that it is fruitless to try to trade on the daily charts. I won't trade any of them again until prices close outside the Bollinger Bands.