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no idea up or down from here. probably a range day today.
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CONTRACT ROLL REMINDER
Tomorrow and Friday the ES will be active with 2 expires so my charts will be worthless till Monday. Am not posting Thursday afternoon or Friday due to travel.
Next disruption to charts first week of November when Euro zone ends English Summer Time a week before Daylight Savings.
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Looks like we have already taken the only obvious fast move. If this market moves directly through Monday's heavily traded range I will be very surprised.
Chart looks pretty consistent today, as in not much on the order book and the bid ask delta bars (box 2 left hand scale) are consistent with large trades activity dots and price. Admit I was having a really hard time drawing trendlines until the big drop happened.
I should say I have an automatic function labeling swing highs and lows and have changed the connecting line from a traditional zig zag to that Gann style square blue line. I think it is easier to read. Not that I am going down the Gann rabbit hole, my flirting with Elliot Wave is a bad enough habit!
assume we have range low and high now. gladly I didn't say anything that I wasn't sure. the sudden was a surprise, what's the news?
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Chinese stocks and market up sharply as Dow Jones reporting US is looking to propose a new round of trade talks with China. Some big-caps are ripping like a fat man's pants.
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