Fib levels have been holding the range but its unlikely to persist. Given the amount of FED "liquidity" being shoved down the pipe I'm inclined to say we break through the ceiling and blast off toward ATH. No, this doesn't align with the economy, expected Q2 data, or essentially reality but trillions is a lot of money and its being shoved into assets so for the time being none of that matters. Some might say this time is different and maybe for once they're right. In any case, buy any dips and be ready to cut losses or hedge to the downside on a breakdown of the 50% fib.