We had selling RTH.
We had selling RTH.
We had a third RTH buying session.
Followed by flat asia.
True.
I also read the argument that the current FED is closer Hillary and in support of the current regime.
So might be an additional factor for the FED to accommodate.
On the other hand I do believe in the base line drift and Triumph of the Optimists:
http://press.princeton.edu/titles/7239.html
And the money flight from Asia and Europe.
EMU banks were very shaky during Brexit and still are.
http://www.boursorama.com/bourse/tau...SCHE_BANK-3xDB
(CDS as a stress indicator)
We are not the only ones tracking this behavior.
http://www.priceactionlab.com/Blog/2...-manipulation/stocks have rallied due to large passive funds buying during RTH, investing recent massive inflows
A RTH buying session.
No breakout yet - on any time-slice.
We had a buying session during RTH.
Before that ON saw also buying.
another RTH selling session with ON buying.
this was the pattern till 2015.
If we repeat this pattern, it is very bullish to me.
tight consolidation continuous.
(Not worthy of a picture :) )
small up RTH