Early Op-EX Pin

From the looks of the market, this looks and feels like a true op-ex max pain pin.

Take a look...

 There's a pre-market ramp in USD/JPY, it's not much in the larger scheme of things, but the point is it fails to move ES at all. Remember ES is also upwardly dislocated as well and has reverted back down to USD/JPY which , even with the ramp in pre-market , is drastically lower.

 USD/JPY (candlesticks) vs ES (purple), note the complete failure to move ES at all.

And the 3C chart for ES is nearly perfectly in line, not even a minor divergence, it looks like they found their max pain level for now, it shifts around a bit as the day goes on.

Around 2 p.m. the pin of the market should be lifted, I expect a rather slow day until that time, but I'll use the time wisely in looking for trade set ups.