If you don't believe that futures algos control the market....
Take a look today, futures selling off because it's Thursday, lol.
US markets aren't even open, Asia and Europe are closed right now. All computer action. Wouldn't be surprised if there's an EOD kick up because tomorrow is Friday, lol.
It should really tell you something when futures do their usual thing even when the market isn't trading at all.
In any case, MFI dropping fast, YM MFI is already touching oversold. RTY will get there before NQ, so probably more sector rotation back into small caps next week, lol. More small cap pumptardedness.
US markets aren't even open, Asia and Europe are closed right now. All computer action. Wouldn't be surprised if there's an EOD kick up because tomorrow is Friday, lol.
It should really tell you something when futures do their usual thing even when the market isn't trading at all.
In any case, MFI dropping fast, YM MFI is already touching oversold. RTY will get there before NQ, so probably more sector rotation back into small caps next week, lol. More small cap pumptardedness.
Looks like gap direction is up to the Euros as usual, Asia not doing much.