Compression of vol with price moving to support and resistance. tape will speed up and then contract, with price action showing continual divergence. watch the 15, 30 and 45 minute areas. pivot levels will be tested, followed by green and red bars. fundamental news will have less-than-expected result, depending on bollinger band formations. genius.
Good morning! Due to changing trader sentiment carried over from the Asian and European sessions, this morning's [FIRM] analyst upgrade of [STOCK], algorithmic parsing of [HEADLINE], retail money flowing [IN/OUT] of [ASSETS], European leaders agreeing to [SOMETHING], fluctuations in the [NON-EQUITY] markets, [PERSON] tweeting their latest investment being blased all over CNBC, [HEDGEFUND] leaking a possible rumour of a possible buyout rumour, [COMPANY] announcing a major stock buyback, more [BULLISH/BEARISH] interpretation of FedSpeak by folks who haven't any [CLUE/IDEA/SKIN IN THE GAME], conflict in the Middle East, the [INDICATOR/OMEN] reading a new extreme [HIGH/LOW] reading and there also being a much [HIGHER/LOWER] sense of volatility and the so-called "Fear Index" by investors I expect today's market action to be quite variable and different than previous sessions, but anticipate it still provides appropriate opportunities for traders. We'll see what happens at the bell. Back to you in the studio.
inside day boredom directional long. nothing to see here but grabbing ticks off this inside day low. too bad