some buying RTH
some buying RTH
another buying rth session.
more RTH buying today.
no change in behavior visible in our little way to display market data.
a 2th RTH buying session.
(no pic)
buying RTH session.
we are still in our TR at the high.
This chart looks weaker.
But the price action on NQ, TF and also ES is not so weak yet.
I will look for this downside break out to peter out the next days.
The ES alone has a breakout of consolidation - bearish
But the context does not seem right for a severe breakdown, just a technical one.
To me this is most likely a political market now.
A further new potential theme is a reversal of the fear trade (commented on by some)
I will look for weaker bonds, utilities, reits, staples, gold and stronger US equities.
Last edited by PeterR; 10-12-2016 at 06:19 AM.
161115 EoD
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