Dear diary,

After watching the market for the first 30 minutes, I, again, lost the interest to trade today. We are likely to have another choppy day. Man, I can’t wait for September to be over. NYSE TICK is hovering around +400 to -400. It spent most of time above 0. Volume is normal, nothing impressive. Bears are trying to sell the top, but I don’t think it is a good idea to go short at the moment.

From the first 30 minutes of trading, I see a volatile with slightly positive biased sentiment. I am not going to trade today. I just can’t catch where does market try to go today.

I will start my reading now. Talk to you later.

Dear diary,

This is between you and me. I wanna tell you what I see in the market right now. It seems like we are likely to see a pull back today after last few days’ gain in indices. YM, ES, NQ, ER2 are having negative opening.

Volume wise, it is enough to contribute a volatile session since average volume in 5-min chart of ES in the first 30 minutes are above 10k. I said a volatile session because NYSE TICK is moving in the range of +400 to -400 in the first 30 minutes. So the negative opening does not seem to be a sell off.

I really don’t know what will happen later of the day. I will see what is the situation and decide if I am going to trade.

I will talk to you later.

A quick one. We have slight positive opening with YM, ES, NQ took off yesterday’s high in the first 30 minutes, however, it seems to be? it is likely to be a choppy day ahead.

I don’t have specific trading preference at this point of time.