Just getting ready...

Wait, I think I stand corrected on one thing. According to what I just saw on my charts, there is no Sunday night session in GLOBEX? Trading resumes at 6:00 AM Eastern time on Tuesday morning? That seems strange, and unlikely. How odd. I don't know how I'll make it that long...

And yet another new HOD and high for the entire move.

I did confirm on the CME website that GLOBEX for ES is closed until Tuesday AM. Darn.

Phew, I found something to feed my addiction. My two favorite trading instruments after ES are CL and GC, and they both open up Monday at 18:00 Eastern. So, I can see what the market is thinking that way, and if there is sufficient liquidity I can always look at those for trading if I feel so inclined.

And still whole week block trades in SPY were on the sell side. Also numbers for trading day say it is much more selling volume than buying. 27th is probably good time to stop this move. A lot of the moves finish on highs especially on Friday to scare people shorting. But we will have a result of that next week.

Wish you all Merry Christmas and good trading.

Tomo

That's good info, Tomo, something I'm surely taking into consideration. It's amazing, and mathematically very 'tricky', but I think they have ways to make the market rise while selling strongly into it, basically distributing (this sound impossible, and at the least very counter-intuitive). And I think they may well be doing that now, in preparation for a big drop in Jan. Just a thought.

I also wish you all Merry Christmas.