Overnight Weak On No Volume - ES NQ Parabolic On No Volume - The Pit Futures Trading
#daytrading #livetrading #stocks #futurestrading
ES and NQ weak overnight but on horrible volume. Unless volume comes in to really support this move lower I am expecting a rally off these lower levels back through previous day value areas. The ES and NQ simply do not live beneath the third standard deviation without volume. Furthermore the entire overnight session is massively negative on delta at price. So any rally could see that unwind into a short squeeze.
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