For no extra charge (a $499 value only available for one week) we bring you our new analysis to note structural, repeating, patterns dominating the ES.
What's repeating?
1) 3 days now of overnight spike moves, creating gaps at or above the previous day's range.
2) 3 days of low volume, creeper/balanced cash sessions. No up movement of confidence with cash session volume.
Takeaways:
Cons:
1) It's flat negative that the entire up move is spiky very low volume overnight movement. The potential for this 3 day rally to be taken back is def con level 5 high.
Pros:
1) It's quarter end, so who is going to sell and ruin the party?
2) The pattern in up and it just might stay that way for while.
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