S&P 500 index futures are trading higher by one point at 2089 in Friday's session. This marks the fifth session in a row it has peaked in the 2090 handle.
Going back to last Friday, all highs have been in between 2091.50-2098.25. Excluding today's high (2098.25), all of the intra-day highs have been in a tighter range from 2091.50-2094.50.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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