ES flatlined from 10 to 11:30 then we got the second kick up which lasted 45 minutes. Flatlined for the last hour and I am about to get sell signals. Time for the third leg up if it is going to happen.
I have three momentum based sell signals in the last 45 minutes. So with a major options expiration coming up and according to the media with everybody and their cousin buying insurance just makes me scratch my head when all of a sudden all that insurance becomes worthless and "somebody" gets to call all that lovely premium profit. Ka Ching (sound of a manual cash register finalizing a transaction, you can play with them in museums!)
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