Strong day for the market last session considering the sell off after the FOMC announcement. We chose to stay on the sidelines to let the chart resolve itself. The S&P 500 futures has entered into a trading range at the 1307 to 1315 price levels. Price movement out of this range with a support hold would signal a breakout and an opportunity to enter the market. We don't have to guess the direction of the market but we do have to wait. Never feel you have to trade for the sake of being in the market. Your account balances will thank you.