Though we are in a tight range, I will add that the % of investors looking for a correction is at a high. In the past, this has often led to choppy trading several weeks out.
We have seasonality which provides the market a forward breeze, but in this environment, a false breakout is highly probable no matter how strong it initially appears.
One thing noticeable today is that the market shrugged off the strength in the dollar.
Thought I would contribute a post since I'm the OP...