“Perhaps we are witnessing the maturation of a market. It’s far too early to declare this the ‘new normal’ but the persistent range over the last few weeks may be hinting at a structural shift. Time will tell,” he wrote.

What a joke. Proof that people being hit for quotes these days either haven't been here for more than a few weeks or have memory problems.

It's not mature. It's dead. When it stops being dead everyone's tits will fly off once more.

I'd be interested to see this period compared to the seemingly endless $250 phase in early 2015. It would be very sweet if there was a direct correlation but that feels too easy.