Remember this is a weekly op-ex Friday which means there's generally a pin (of the market) in place, this generally ends around 2 pm and price starts to move, however the 3C indications we get during the last 2 hours are some of the most valuable of the week and tell us a lot about what to expect over the course of the coming week.
Right now even though Index futures are perfectly in line intraday, the averages all have intraday negative divegrences and look like they'll be coming down.
In fact some are strong enough that I'm considering opening some trades, I'll try to get some charts up for you, I just don't want to miss a good trade set up capturing charts.
5 years ago
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