1030 ET - Traders are still working the narrow range that we have been in for over two days now. We are still in a short-term up cycle, but the upward push is weak. We are also still inside yesterday's range, which apparently is the market's current happy zone!
1137 ET - We are still in a narrow range. Even though the market is not moving very much, the tendency is more toward the upside than downside, since we are still in the upside part of the short-term cycle.
Charles
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