Still Range-Bound

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Wow, this Thursday has more in common with last Thursday than I imagined. What a disappointment! We’ve been zipping higher every minute this morning. At least I eased out of some stuff early and am back up to 30% cash. Still, this kinda sucks. Where’s my bear market?

Anyway, we’re still annoyingly range-bound. The small caps continue their ceaseless ping-poing.

Every stock futures market is bright green again, and the /ES is heading toward 3800 for what feels like the 50th time.