Very Tight Trading Range

For the 112th day in a row, the S&P 500 has closed between 2,040.24 and 2,130.82. That’s from February 3rd until today.

I’ve looked at the data and that’s the tightest range for 112-days since 1950. The difference between the high and low is just 4.44%. On November 20, 2008, the equivalent number was over 80%.

The previous record period ended in February 1966. The trading range was 4.73%.

Posted by Eddy Elfenbein on July 15th, 2015 at 10:40 am

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