That Boxed in Feeling

Do You Feel Boxed In?
As noted in one of our recent missives, the S&P 500 is stuck in another one of its boxes.

How have boxes and general trends been resolved in this market over the past year? To the
downside. Just as the January lows were ultimately tested in March (and ultimately broken in
June), we anticipate another retesting of S&P 1200. Timing?

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