Quote from lurefo:
Only 8 pts range after 2 hours of trading. It looks like the market is waiting for something.
Any news supposed to come out this afternoon? I see nothing significant here.
Quote from iloveoptions:
More like volatility deflation. News should have little effect on this week's range. Like I mentioned a few days ago, the market is determined to print the lowest weekly trading range in more than 52 weeks, despite the decent daily volatility we witnessed the past several days.