Yet another low volatility day with plenty of chop. As of the middle of the day on March 16th, the trading range of the SPY ETF, which is a an ETF that tracks the S&P 500, was smaller than it was in the last five trading sessions. Clearly the markets are poised for a breakout, but it’s hard to say in which direction. However, the general range that the market is most likely to remain in is clear. Here’s what to expect.