![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-P7f9rgPRkc0yO-KUqPi6w18AwcFpT82zmpxJ3NbndlxltKq-sUUsrmgfSMYL-yafp1_BVG-KSF6bL0Y2fsGVq0y6Aanp-QMK7oI3lgkbYLX1X6c5QPBbHOS53gQXLYp7g-YdA4lFBPjp/s320/$SPX_Attempt_breakout.png)
The markets have declined slightly from this, done 10 minutes after the open...
My suspicion is the Bollinger Bands (intraday - 15 minute) will narrow just under the magenta trendlines shown above, for the rest of today and into tomorrow, before it 'pops' and goes higher...
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