Thursday, March 22, 2012

Way too Quiet

It seems volume is picking up a little too much here for no movement and a bullish 15 min candle.


On the other hand, the TICK has been very negative and the VXX 5 min is stronger then I have seen it in awhile.

 A lot of today's action has been at -1000 to -1400

VXX 5 min

There's essentially two games going on in the market at all times, the HFTs trying to drive intraday volatility as there's a lot less volume in the market for them to make money, thus more head fakes and then there are the large funds that are moving directionally.


No comments: