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Robertwiz
Registered: Aug 2010
Posts: 48 |
08-22-12 11:06 PM
Hello,
Just wondering,
Why have Index futures been weak and choppy in the past few weeks compared to June and July which had some nice juicy 500 dollar moves several times a week?
Thanks
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Cdntrader
Registered: Mar 2001
Posts: 3427 |
08-22-12 11:28 PM
Quote from Robertwiz:
Hello,
Just wondering,
Why have Index futures been weak and choppy in the past few weeks compared to June and July which had some nice juicy 500 dollar moves several times a week?
Thanks
Its referred to as "consolidating the move"
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Duref Mudgins
Registered: Jul 2004
Posts: 854 |
08-22-12 11:49 PM
Quote from Robertwiz:
Hello,
Just wondering,
Why have Index futures been weak and choppy in the past few weeks compared to June and July which had some nice juicy 500 dollar moves several times a week?
Thanks
It's called "distribution."
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colonial dr
Registered: Aug 2012
Posts: 294 |
08-22-12 11:53 PM
Quote from Robertwiz:
Hello,
Just wondering,
Why have Index futures been weak and choppy in the past few weeks compared to June and July which had some nice juicy 500 dollar moves several times a week?
Thanks
Volume is at at five year low. This time of year (end of summer) is always slow since everyone is on vacation. Excluding last year I do not trade most of August or the holidays at all. If you really want or need to trade, currency markets are very tradable imo. Even though currency market volume is under average as well.
I made a poll earlier about when volume would come back. it got one star....LOL  But the only two answers are the beginning of next quarter or next year.
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