Thursday Flatline – Markets Drift Weakly into the Weekend

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"Well we know where we're going

But we don't know where we've been

We're on a road to nowhere

Come on inside

Taking that ride to nowhere

We'll take that ride" – T Heads

As you can see frojm they  S&P ETF (SPY) chart, we haven't done much of anything since Monday's open but it has been an exciting week as the S&P has had a 100-point trading range (4%) but each of these exaggerated moves in the Futures, whether up or down, seems to get dragged back to the middle once the real trading sessions (with volume) begins.

Date Open High Low Close* Adj Close** Volume
Dec 12, 2018 267.47 269.00 265.37 265.46 265.46 97,760,100


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