Friday, April 5, 2013

As Expected during the last hour of op-ex days...

As I posted just a bit ago...

"I have also noticed on op-ex days we tend to see late day movement as most open positions are closed by the late afternoon so we often see some trade over the last hour or so that is significantly different than the rest of the day which tends to be dedicated toward an op-ex pin."

I haven't seen all risk assets yet, but there's a significant change in ES and TF as well as SPY, DIA, QQQ and IWM intraday charts as well as price action which is a bit surprising in front of a weekend as most seek to take risk off heading in to the weekend.

 ES

TF

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