This post is a little redundant since this morning's action is almost identical to yesterday morning's action. Market advances to 1100 ET, and then we get the correction going into the end of the European trading day.
Looking at the $TICK, the only indication that the market may advance upward after 1000 ET was that the $TICK was not making lower lows from late yesterday's action. As the market advanced, the $TICK was showing slowing momentum to the upside. Again, the market corrected to the downside after 1100 ET as it did yesterday.
Charles
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