In Tuesday’s trading the S&P 500’s intraday range came in at just 0.37%, pushing the 50-day average intraday high/low range down to 0.523%, which is the lowest level since at least 1983 when our historical database begins.
Tuesday, also marked the 50th straight trading day that the S&P 500 went without an intraday trading range of 1% or more. The chart below shows streaks where the index went without a 1% intraday range, and the current streak is far and away the longest on record since at least 1983 (when our data begins). Now, that’s a lack of volatility!
Tuesday, also marked the 50th straight trading day that the S&P 500 went without an intraday trading range of 1% or more. The chart below shows streaks where the index went without a 1% intraday range, and the current streak is far and away the longest on record since at least 1983 (when our data begins). Now, that’s a lack of volatility!
