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We are in a range from 4000 to 5000 on the S&P 500. We are still in negative gamma, and that means markets will be volatile until that clears.
Equities were having trouble moving higher and price action had cooled. That let us know that the bears were back in charge.
For last week, the S&P 500 actually finished higher on the week. The Dow Jones was up over 800 points on Friday. That is actually not a good sign. Markets only go up 800 points in bear markets.