The Range is interesting as it is quite large with 8000 total Ticks to the Lowest Monthly Gap Fill.
33K is a Gap Fill, 31K remains the Lower Boundary for Now.
We may not fill the 28.2K Monthly Gap until later this year, it will depend upon Confidence and unseen/unknown Events.
I've mentioned Political turmoil will begin to accelerate into Mid-2022 with those left behind becoming decidedly uncomfortable with their arrangements with regard to Direct Stimulus.
Gates will not be looking for Share Croppers.
How Capital re-arranges itself will be heavily dependent on Bond Volatility - which was building unit the FED began to crush it with further YCC.
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