It is the balance brought on by indecision. Soon enough buyers will either stampede in or withdraw their support, and when that happens ... when that happens ... I'm going to go out on a limb here with a prediction: Sometime around 2PM EDT the market will start to make a move to break one way or the other, and the first move may not be the move that rules the day. It's a long shot, I know. But I guess somewhere around 2PM. I'd let you guys in on it but its "proprietary."
the NQ relative strength tilts towards a bear trap as someone else said.. perhaps fakeout down then reverse ?
Then do yourself a favor rocketman, take his calls but be prepared for 200 point drawdowns. But you have to hedge the position by being in Sim.