Ever since August 2014 the S&P 500 has been trading in a relatively tight range of roughly 18%. That’s one of only five times it has traded in a range of less than 20% over a period of 22 months. Looking at the chart, 2005 and 2006 were the last times to see a range this tight. Of course, that was nearing the end of that bull market, but the two times before were the mid-1990s and late 1984. Both of those occurrences were simply a break in multiyear bull markets.”
…read entire article with charts HERE
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