Watching Q's at Open for MM's to Tip Their Hand
(Opinion Only)
Watching open to see if we see a drawdown back to that 343-345 area (Fibonacci extension levels).
No guarantee repeats but seems they sell off the Q's when it closes at or near the trend resistance the next session opening..
First 5 to 15 mins should be telling.
Quarter end rebalancing and locking in profits for the quarter-end statements will be priority for money managers..
Watching open to see if we see a drawdown back to that 343-345 area (Fibonacci extension levels).
No guarantee repeats but seems they sell off the Q's when it closes at or near the trend resistance the next session opening..
First 5 to 15 mins should be telling.
Quarter end rebalancing and locking in profits for the quarter-end statements will be priority for money managers..