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.
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