With the market up 60 today, we're sitting on the upper limits...

With the market up 60 today, we're sitting on the upper limits of the narrow range which began on 14th May (XAO range is approx 3700-3800).

Another solid +ve day Monday would signal a breakout from the chanel, but it just doesn't feel like that's going to happen. Nor does a big swing lower. So I guess we're still range-bound. The DOW is too.

To break out up or down, there might need to be some new catalyst. Can anyone think what that might be? News on GM didn't do it, so it will need to be pretty big I reckon.