The bots are trading amongst themselves because no one else seems to be trading the past 2 days. ES Volume was less than 1.5 M yesterday, the lowest since October 12, which was Columbus Day. Today the trading is just as slow. Considering the move that we made over the past 2 weeks, and especially on Monday, this is bullish action. The dollar and the markets seem to have lost their connection, the dollar was up a decent % yesterday, markets were flat. Dollar is down a decent % today, markets are slightly lower.
The next move from this little range is probably higher. But I can't make myself buy the market with the bullish sentiment out there.
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