One of the biggest challenges many traders face is avoiding "Slice-O-Matic" markets. What is a "Slice-O-Matic" market? Well, it's a market that lacks any real direction. We can call these markets "Slice-O-Matic" markets as they cut trader's equity into ever smaller pieces.
For the past seven days, the S&P 500 has not closed in any one direction from more than one day. This is the choppy scenario that many traders would like to avoid.
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