Hey Traders,
relatively quiet and low volume day in the markets today, chop and narrow range, EOD ATR% table:
DXU09 103.7
NQU09 103.1
ECU09 97.3
GCQ09 96.4
ADU09 94.9
ESU09 84.4
YMU09 83.4
SFU09 82.6
BPU09 78.6
CDU09 78.0
TFU09 73.2
JYU09 59.0
As far as technical picture of the markets nothing has changed in the bigger picture , check “Weekend ANalysis” from yesterday
Here is updated chart of the big trendline on the hourly that is first step in getting something bearish going:
CBOE put call closed at 0.7893, which is a bearish clue, but have to take it for what it worth in this once in a decade uptrend.
Intraday setups using internals and usual setups continue to work, stop by the chatroom during the day, you can find the link in the top menu.
And you can always find intraday level and internal updates on my Twitter account @esecfutures and daily updates on this very blog
Cheers
Vlad