This is much worse than Friday. Friday at least had several tradable swings as price traveled from upper range to lower. This is the complete absence of volatility. If this keeps up we'll have to trade 9 PM to Midnight instead of 9:30 AM to noon.
ESM 44 to 53.75 in 15 minutes = 9.75 points ESM measured move 53.75 to 63. 50 in 16 hours = 9.75 points This is virtually identical PA as Friday without the range ping pong
You look at the daily bar chart and you'd think we've been treated to three smooth trend up days in a row.
Unlikely that we would trade above 2865 cash today. It could happen of course, but I think it would be a less than 25% chance.
Did you forget to do your affirmations this morning, buddy? Here, let me help. Repeat after me. I. Am. Not. A. Prophet. I. Am. Not. A. Prophet.
He's moving the goal post again. First the bull case was dead unless 2860 cash, not its 2865 cash, tomorrow it will be 3000 cash.