What Will It Take to Un-Stick the S&P 500?

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For the last six weeks, the S&P 500 Index (SPX) has been stuck in a tight three-percent range. This has not been a normal tight range for this bull market, however—we’ve seen big spikes and drops over the last couple of months but with no resolution following these moves. All the dips have been bought, and all the bounces have preceded another geopolitical headline that then shakes things up again. So what will finally lead to a resolution and break this market out of its current range?

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