Draw a horizontal line in at 1310.5 -- it was a swing high from a while back. The market has been vibrating along this line.
ES has the potential to rally again... keep an eye on 1321.5 if it does -- the left side of our current IT puts prices ABOVE this level.
Guess what else is above...
This graph shows average volume and average price volatility for each 10 minute period of RTH for 3 ES contracts.
pace:
red: extrodinary
green: fast
dark blue: medium
light blue: slow
gray: DU
below gray: VDU
<IMG SRC=http://elitetrader.com/vb/attachment.php?s=&postid=989833>