After an hour of volatile back and forth price action during FOMC, the market broke downwards in L-period, forming a double distribution. The session ended with an imbalance between price and value.
Asia is buying at the moment. I would not exclude Japanese buying US equities and keeping the market bid, among buybacks and passive flows. But if there was a year to sell in May and go away, this would be it.
Was watching the back and forth. What's noticeble is about 10000 lot in all passive sell at 55 and 50 showing intention. Buyers made a final push right after 15:00 then failed miserably.
Asia is buying at the moment. I would not exclude Japanese buying US equities and keeping the market bid, among buybacks and passive flows. But if there was a year to sell in May and go away, this would be it.
Was watching the back and forth. What's noticeble is about 10000 lot in all passive sell at 55 and 50 showing intention. Buyers made a final push right after 15:00 then failed miserably.
Hello Smash
Do you use Cumulative delta based on tick volume ?