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Sideways. Momentum is getting weaker.
Means
Direction is not clear. Price is likely ranging.
Based on
Volatility is low and holding near lows.
Means
Swings are calmer, so timing pressure is lower.
Based on
Current level looks fair.
Means
Price is around the middle of its recent range, so both upside and downside still matter.
Based on
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Both run major exchange businesses and sell market data and technology to brokers, banks, and institutions. ICE also makes money from listings, clearing, and indexes, so it competes with Nasdaq for trading fees, data subscriptions, and exchange customers.