S&P 500 (ESZ2024) - This Is What Price Efficiency Looks Like

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📈 S&P 500 futures edge up as earnings roll in; corporate America still looking good with 74% of companies beating profit expectations.

Stock futures ticked up, but S&P 500, Dow, and Nasdaq are on track for weekly losses.

Capri shares sank 40%+ premarket due to a court ruling.

However, throughout this weeks price action, we have not done much in the sense of one-way movements.

$5,927.25 - $5,801.00 is the range to work with. As long as price remains inside of this range, it will be tricky for swing traders to capture moves. Scalpers will be having a field day, aiming for low hanging fruits; buyside and Sellside.

But remember to stay tuned for U.S. durable-goods orders and consumer sentiment readings.
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Weekly price action

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