If VIX breaks 12.55, and YM breaks 11630, that would be a short. Look for weakness in ER2 and NQ.. TRIN moving up, VIX at LOD and also Thursdays high. I'm seeing more volume in SMH to the downside.
Volume has dried up=good for declines. TRIN is down,,,which is a bad thing if you want the price to go down,,,,
TICK range has narrowed. I see a bull flag setup on YM. Waiting for breakout.
Notice 38% retrace to 11620, things are choppy now, SOH for breakout. I shouldn't have shorted 11600 because of the bull flag breakout and NQ and ER2 leading, although this trade does work out normally for a small scalp at key levels.