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Jake Wujastyk: S&P 500 and ES_F trade within last Thursday's range for a full week

Jake Wujastyk: S&P 500 and ES_F trade within last Thursday's range for a full week
S&P 500, ES_F confined to week range

The S&P 500 and ES_F have traded entirely within the range set last Thursday for a full week.

Jake Wujastyk, founder and CEO of TrendSpider, observed this development.

Wujastyk has highlighted notable futures market trends in recent weeks. He reported that Russell 2k futures posted nine consecutive red weekly candles. In a separate update, he observed that SMH, SOXX, and SOXL advanced through three-quarters of a volume gap.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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