Today is half day trading in all indices. It is not a good idea to trade on this day in general because of thin volume.
I will not be trading ES today as I do not trade half day sessions at all. Will continue to comment here if I see something interesting.
Just like Wed, gap to previous day low within a pt. Making it difficult to identify the odds of filling which gap first? above or below.
Should Wed low acts as support, we get midpoint, then PP.
Notice that on Wed, it was a replay of Mon – distribution above 93 all the way up.
First try to rally – S1 acting as resistance.
91 is AH mid.
S1 flipped its role now, acting as support. As long as it holds, PP in play.
As expected, selloff is not allowed on Black Friday. =)
PP tagged. The more useful intraday biases are used up by now.
Was busy with our software release stuff and ddid not watch the close. Seems like no one wanted to hang on to their long positions over the weekend.