hungry_hippo

ES1 - Double, double coil and trouble

CME_MINI:ES1!   S&P 500 E-mini Futures
Futures coiling, can't remember the last time that futures just sat in place.

Looks like the ASians turned off their algos, all up to the EUros to decide the morning gap.

No indications on which way the market goes here, but I drew up the targets.
Comment:
Watch this head back to 2985 and sit there tomorrow. That would be pretty funny if the market decided to just flatline and piss everyone off. (Won't happen though, market needs to whipsaw to make money.)
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