SP500 almost erasing losses
USDJPY not exactly following the bounce.
I like watching volumes. Even ticks on spot fx.
the sp500 futures volumes declining on the move up isn’t worrying me quite yet. It’s going back to its average. The volume peak looked like good absorption for longs while the shorts were hammering away. it is hitting a high volume area so longs could be looking to see what shorts will do.
I’m no pro. Just watching.
USDJPY not exactly following the bounce.
I like watching volumes. Even ticks on spot fx.
the sp500 futures volumes declining on the move up isn’t worrying me quite yet. It’s going back to its average. The volume peak looked like good absorption for longs while the shorts were hammering away. it is hitting a high volume area so longs could be looking to see what shorts will do.
I’m no pro. Just watching.