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Volatility Continues

F T L
2 minute read

Daily market recap covering the E-Mini S&P 500 and the Euro FX Futures:

Today, the ES found bearish dominated volatility early on as it progressed towards the cash open. After the cash open, heavy whipsawing action occurred as well as a pronounced bullish transition of control throughout the afternoon.

The Euro FX futures found steady sideways progression during the early hours, followed by an extreme crash around the time of the cash open. Shortly after the cash open, the buyers took advantage of the price drop as they pushed the market higher for the remainder of the day.

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