Just keeping contact here, today thus far is exactly as I envisioned it yesterday, based on past experience after most of the option contracts are closed around 2:30, the market acts up, otherwise it stays in a pinned range.
I see some inrtraday pullbacks coming, they are not unexpected, they aren't anything I'm concerned about at all right now. The $USD/JPY as expected has lost steam and has a stronger 3C negative divergence so it will probably pullback and take the market with it to some degree.
I'm still looking, but so far this is exactly what I expected for today.
5 years ago
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