Do Trading Ranges Last Forever?

Last week's key reversal launched the market back up towards the top of the trading range.

Now that we are here, will the market go back down or is this a resumption of the uptrend?

Is "Sell in May" over?

Seems like it, but I wouldn't rule out another headline news event from Europe that brings the market back down close to 1100 again.

My positions are the same...