Blog Section

October 24

After hitting its recent low of 2107.75, the ES has stayed in a narrow range between just under 2120 and the 2150 level. It appears going into this week, with the merger announcements and the PA, that the 2150-2160 level may be achieved this week. But the overall narrow range should last through the election. So for the moment, staying with a slight bullish outlook overall, but should stay relatively narrow for a few more weeks.