Looks like it is time for the R1 pivot coffee break. It is a point above yesterday's ES high, two points below the overnight high.
The same level stalled the small cap futures half an hour ago. They did eventually push through but haven't done anything since.
Basically, until we work off all that record short interest, we are on squeeze alert
Please post anything you read on the short interest
CATS: thanks for that zh link on skew
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:Basically, until we work off all that record short interest, we are on squeeze alert
Please post anything you read on the short interest
CATS: thanks for that zh link on skew
It's a bull train until bears can close below the moving averages
Loving the sticksaves at every instance by the bulls since early last week...
Unique wrote: It's a bull train until bears can close below the moving averages
Loving the sticksaves at every instance by the bulls since early last week...
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
London about to close. ES about to loose yesterday's high after being stopped at the overnight high. TSI is no longer overbought. ADX getting ready to drop. -DI starting to wake up. And the small caps back down to VWAP. Need to see some green bars or I am going with Out of Bounds.
Fanned out a bit
With internals essentially flat (chop/range), literally ANYTHING can happen
Advancing stocks are 1.04 x declining stocks
Advancing volume is 0.96 x declining volume
Declining stocks are 0.96 x advancing stocks
Declining volume is 1.04 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.