Although it's been trending higher recently, the chart of the S&P 500 indicates that we are range-bound between 2135, the all-time intraday high for the index, and 1810, the intraday low set on Feb11. Since that date, the market has rallied sharply, pushing us toward the upper end of that rangeAs of yesterday's close, the S&P 500 was less than70 p...
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