Pre-Market: More Ambiguity

There was no dominant Price/Volume relationship Friday, the TICK data was as boring as I've seen it, it seemed like an op-ex pin day and that continues this morning, we are set to open down to slightly flat.

There's no real tells in pre-market trade , the only one was around 11 p.m. last night, but that still barely moved the market.

ES pre-market...

Even the parabolic moves in the EUR/USD were absent. There was a negative divergence in the pair overnight, again around 11 pm, but so far that's about it.

The only real news flow has been slightly to the negative side. We'll wait for the opening volatility and see if anything pops up there.