SPDR S&P 500 (SPY)

[risk on]

Just wait and see. Just when all are convinced, well almost all because I like being in the minority , then that's about the time one should think about zagging.

There were at least two very similar days to today w tight BBs all three lines of note ( 9 EMA , 27 EMA , and mid BB ) were as close as now , and the candle did about the same thing as today , only to see spy right back down to the bottom of the BBs within days , and that went on for a few weeks before, well.... You saw August and January.