This market is WEAK!!!

[austinp]

<i>"The mere fact that this thread exists explains the action late today. Too many bears in the den today."</i>

Lack of bears today... total absence of sellers. That's why it drifted upward on nil volume, no squeezing.

Day traders should have been on the long side since morning. Everyone else is on vacation, it appears by the lack of volume

 

[makloda]

Quote from S2007S:
Talk about boring. This last week was just that.

We had a range of 60 ES handles (> 4%) in 6 trading days. Not sure why anyone would call that "boring"!

 

[MKTrader]

Yes, throw in a huge day last Friday and it's a large 4% swing. Of course, *last* Friday's move was almost as large as the past 5 days, and 6 days isn't really a week, so the original poster was sort of right...

Quote from makloda:

We had a range of 60 ES handles (> 4%) in 6 trading days. Not sure why anyone would call that "boring"!