Kudos to MMs

Quote from nitro:

These mini selloffs on no volume are somewhat curious. Why would one sell here? :confused:
More...
Yeah I feel like buying here. But I just can't...

Too close to the end of the year and I've done too well to blow it now! :cool:
 
ES silently threatning a trendline breaout higher. In this extremely low volume environment it may mean little, but it does mean something.

Above 880ish it gets interesting, and then it has at least 30 handles to run higher.
 
This is definitely a trendline breakout at above 880ish, but the low volume makes one pause. There is a small gap fill around 872.

Imo selling below 900 is scared trading.
 
NQ doesn't look as ominous as it did this morning, but the R/R is no longer worth it, imo, since ES "FV" and ES price are pretty close to each other now.
 
SIFs have caught a bid [on low volume]. They are trading at the time of this writing [915] slightly above "FV" of 905. 920 is a key resistance level. If it breaks out of that, momentum may carry it far above "FV" so it would be wise not to sell above 920 initially. Selling slightly below 920 with a tight stop on the other side of 920 may work though, at least for a few handles. Risk 2 to make 6+ sort of thing. Not my cup of tea these days [getting old], but if it suits your personality...
 
"FV" approximately 900. Imo still not enough edge to put a short position in ES trading at 920, but getting close.
 
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