If the market is not trading lower there is only one direction it could take. The current range trading cannot last much longer.
Because of the American holidays I might give the benefit of the doubt if we don’t trade to 2100.
Indexes were little changed with early reports on the holiday shopping suggesting weak turnout weighed on consumer stocks. The dollar climbed amidst speculation of Swiss National Bank following European Central Bank in easing monetary policy and Treasuries gained on global stock market losses. Gold was near a six-year low and oil declined.
