Tricky day. Either a deeper pullback to 4225/4220 or we have the LOD already and will range a while before the next leg up.
Monday and Tuesday was great. These last two days and today in particular is not really the best market for day trading. Meanwhile, NQ is offering great intraday moves still.
Tomorrow might be a tricky one, too, if we open near the highs. The best would be if we open gap down for sure.
Since I'm steering clear of the short side, I'm just looking to be boring and buy dips. I would be a buyer between 43-45
Man, today at this time the MNQ has almost as much volume as the ES (mini). Only 40K less contracts traded. Gonna' be a low-volume summer I reckon'.
Increasingly risky to go long here - so staying flat for now. The last few days of June tend to be bullish, though. So, not the best trading market right now. Some volatility or a pullback would be nice.