I've been watching the futures all day today ... it looks like every bar up is on low volume... and the bars down are always on high volume....
ive noticed tht the last few months.... i cant imagine too much is going to happen prior to the jobs number fri...
Reminds me of the joke about a broker calling a client: "I have a bad news and a good news. The bad news is that you are broke. The good news is that it was on low volume !
The grunt ran out of hitting the ask in the week ending Nov 24. Volume on the ask has been dropping ever since and so I guess that the bulls are running on fumes. Still, your average bear has yet to grab the bull by the scrotum and give him a good dealing to. My prediction for tomorrow will be as always .... long on the rising ask and short on the bid. When you exit is always the source of constant fascination.