Morning Ideas March 24, 2022

Good morning traders...

Low volume today, about 50% of the 20 day average. This does not bode well for anyone expecting a breakout kind of day. We are stuck in this upper distribution, looking for some fuel to push us out of here.

I have my reference points as 4535 above and 4425 below. Once we move below (or above) those areas, I think it gets easier to pick the direction.