Gotta love ZERO RISK in the SP500 = $$$

The amount of activity here is equal to the amount in the markets....SLIM PICKINS

 

Hey lunch time in less than 1 hour and you guessed it......As we hit our session highs.....Same thing over and over and over.

 

If you don't include the Dow which hit its high at ... 2:35am overnight.

 

Dow trading on LOD which is close to yesterday's LOD.

 

The range will only get worse as summer progresses.

 

Nothing happens during the US session, movement occurs at night after the cash close. Been watching this for 15 years....it really is the same thing over and over and over. Super easy making free money when you know how the stock index futures work.

 

what are the odds we break to the upside at the FED conference towards all time highs?

2825 in the cards TODAY?

 

I'm thinking we can see 2740 test before we head higher....

 

I'm thinking lower as well being up near the double top in March. Especially if there is a hint of two more raises after today's raise.

 

Ye it looks like we are losing some momentum on the longer inter-day time frames like 1 hour and 4 hours, but this can mean nothing, the trend looks pretty strong on daily. Will be interesting to see what happens. I am holding long from June 4th when we broke out of the range from may 14 - June 3.

I believe if we sell off, we should find support at 2740 though.