Apple Earnings Day...I want you to notice the total number of lots traded on ES. Even with the news today we 1.612M lots. Typically on a day where we have a nice range ES trades north of 2M lots. On Tuesday we traded over 1.9M lots and that gave us a nice range. Keep an eye on this as we have low volume quick reversals could happen with neither side liking the price action.
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May 4, 2023 SPX, SPY, ES Trade Plan
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Apple Earnings Day...I want you to notice the total number of lots traded on ES. Even with the news today we 1.612M lots. Typically on a day where we have a nice range ES trades north of 2M lots. On Tuesday we traded over 1.9M lots and that gave us a nice range. Keep an eye on this as we have low volume quick reversals could happen with neither side liking the price action.