It started at 9 pm EST of the previous day. Most selling had been achieved in the Asian and London sessions, and NY bulls were on strike - which makes me suspect that this Aug market has been driven by hedge funds squeezing market makers and selling, but no institutions positioning.
Great insight
Thank you
It started at 9 pm EST of the previous day. Most selling had been achieved in the Asian and London sessions, and NY bulls were on strike - which makes me suspect that this Aug market has been driven by hedge funds squeezing market makers and selling, but no institutions positioning.
Thanks Smash! Felt like there were probably a fair amount of underwhelmed RTH sellers today.
I think your UT2 target value is missing in the text just FYI.
Thanks, corrected!
Boring day ngl.
Yeah, overnight sucked all the fun out of RTH!
Markets sucked all the liquidity overnight and added during RTH, sort of funny today's price action, went to golf and barely traded today.
Thanks Smash! Great stuff as freaking always.
🤝