Weekend Quickie - Tightening Range in the SPY Chart. Which way?

We've been hearing all the reasons the market can't go higher.

Peak earnings, inflation\stagflation fears, rising interest rates, stagnant paychecks that don't provide a living wage, earthquakes, volcanic eruptions, etc.

Is there anything that can bring the markets up to new or previous highs?

Could quick - albeit ultimately futile - efforts such as QE 4, fewer-to-no rate hikes, or other M.M.T. (modern monetary theory) maneuverings send the market up?

Or would the powers-that-be prefer a market crash on Donald Trump's watch?

We're seeing a tightening range in the overall markets with heightened average volume. Is a big event and a big move on the horizon?


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See it on the site: holsturr.com/category/markets/charts/


** For speculative and research purposes only - good luck! **