Frustration mania
Back and forth market
The fat and flat market continues where the crowd ends up selling lows and chasing highs. SPX is trading just around the JPM collar strike (3835) at the moment. See this as a magnet, especially as we are getting closer to expiration and "greeks" kick in fast. Short term supports are: 3800 and then the 3750 area. 3900 is the first bigger resistance.