Market’s Bias Within Range Favors Bulls
July 30, 2015 at 15:17 PM EDT
The S&P 500 made an intraday low of 2039 on March 11, 2015. The intraday high in the current range was made on May 20. Since then, the S&P 500 has traded between 2039 and 2134. The mid-point of the range is 2087.