Today's session resulted in an inside day, forming a double distribution with one set of single prints. The general rule is to go with the break of the inside day. We continue to consolidate above the FOMC breakout.
Smash, there was a zero print in “C” period on the offer at 4153.25 Is there any significance to this if it doesn’t get filled during the RTH session? PA never came back to fill it today.
Hey Smash, how do you distinguish inventory corrections at the open? I notice this is referred to often in your write-ups but when I am watching the morning auction I never know if the initial move is an inventory correction or a legitimate move.