FYI: Today marked the 132nd trading day of 2015, and we are still stuck in the narrow range that has constrained both the upside and downside of the S&P 500 all year. So far this year, there has not been a single day where the S&P 500′s YTD change as of the daily closing bell was greater than 3.5% or less than -3.5%. That has never happened in the history of the index. Prior to 2015, there was never another year where the “+/- range” for the S&P 500 this late into the year was under 4% and only five years where the S&P 500 was never up or down more than 6%
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/the-never-ending-range/