The Fed is continuing to add liquidity to the markets, and with light volumes it remains relatively easier to subsidize a soft lift to the market throughout the day.
Nice volatility for short term trading, but otherwise a treacherous market.
"The truly hysterical part of this cycle is still approaching, and it may get quite a bit worse when it does. Paranoia is almost a given when the exceptional fail spectacularly. There may be blood, if history is any indication, and a great deal of propaganda and distorted information spread by the money masters, without doubt. Those who have gone before us have stood on similar ground, over and over again. And now it is our turn."
Jesse, Keep the Faith, 7 July 2017