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Next week is triple witch on Friday 13:00h!
Mentioning also the last days before HALF YEAR RESULTS..
so: (copy paste from last year):
As the coming week has triple witch on Friday
there normally are quite some movements
BEFORE that day.
This has to do with companies half year results.
On triple witch no trade - as the pricing in has
already been made in the days before.
as it seems gives a normal short...
And we can test a Thursday trade - if there is a good Wednesday...
On Friday no trade as announced.
These shaky movements with high and low volumes during the day
should be more stable from end of month.
Trades from my side will then only be taken if IB is > 5K in the first 30 minutes.
As long as volume is lower then in low volume days the patterns will not work.
So expect some down days in July and starting August.