Clearly protecting the DOW from falling below 11,000 is the name of the game on Wall Street...
That the market is "range bound" is to state the obvious...
More than likely the market will levitate at the current range...until Labor Day.
THEN, A SOBER ASSESSMENT of Rates, Geopolitics and the Election will set the tone...
Still this is a market that simply can not be allowed to crash... Stocks have become "too big to fail" in the American economic system... The problem is that they are also too overpriced to go up...
